Media Advisory: Consumer Financial Protection Bureau Releases Video on How Mortgage Forbearance Works Under CARES Act

April 3, 2020 / Source: CFPB

Media Advisory: Consumer Financial Protection Bureau Releases Video on How Mortgage Forbearance Works Under CARES Act

APR 03, 2020

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) has released a video on how struggling homeowners can obtain mortgage forbearance if their finances are impacted due to the COVID-19 pandemic.

The Bureau has also issued additional information for consumers on mortgage and student loan payment relief and how to avoid scams.

Below are the resources for consumers:

VIDEO: CARES Act Mortgage Forbearance: What You Need to Know 

Guide to coronavirus mortgage relief options

What you need to know about student loans and the coronavirus pandemic

Beware of scams related to the coronavirus

Online and mobile banking tips for beginners

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The Consumer Financial Protection Bureau is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering consumers to take more control over their economic lives. For more information, visit consumerfinance.gov.