CFPB Offers Resources on Mortgage Forbearance Under the CARES Act
Apr 03, 2020
The Consumer Financial Protection Bureau (CFPB) has released a video on how homeowners can obtain mortgage forbearance if their finances were impacted due to the COVID-19 pandemic in light of the passage of H.R. 748, The Coronavirus Aid, Relief and Economic Security Act or the "CARES Act."
The CFPB has also issued additional information for consumers on mortgage and student loan payment relief and how to avoid scams.
Yvette Clermont Wants To See Future Generations Be Financially Prepared
This month I spoke with Yvette Clermont. She is a mortgage consultant with Inlanta Mortgage, in Sarasota, Florida.
When Yvette was a young woman she tried to obtain a mortgage loan. When she met with a lender she was dismissed as being too young and not ready to purchase a ...
Debts will no longer be treated as fiscal mismanagement like overdue car loans
In March of this year, the nationwide credit rating agencies (CRAs), better known as Experian, TransUnion and Equifax, announced a significant change to their score analysis model data. This announcement was regarding medical collections and their impact on the score.