Friday, May 29, 2020

Options for Mortgage or Rental Assistance are Available



The COVID-19 pandemic has been a serious threat to both health and financial well-being. It's important to know that you have options as either a homeowner or renter if you have suffered financial consequences due to the pandemic. If you are concerned about how to make mortgage or rental payments, recent legislation as part of the Coronavirus Aid, Relief, and Economic Security Act, commonly known as the CARES Act, has established programs to provide certain protections.

To learn more about governmental assistance, please visit the website of The Consumer Financial Protection Bureau (CFPB). The bureau was established in the aftermath of the Great Recession and its mission is to protect and inform consumers. The CFPB website is the ideal source to consult to learn about and make sense of the various assistance programs that are available to help you during this difficult time. To learn more, visit www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance.

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