FOR IMMEDIATE RELEASE:
April 3, 2020
CONTACT:
Office of Communications
Tel: (202) 435-7170
MEDIA ADVISORY: CONSUMER FINANCIAL PROTECTION BUREAU RELEASES VIDEO ON HOW MORTGAGE FORBEARANCE WORKS UNDER CARES ACT
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:
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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Bureau is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering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
.
