CFPB Launches New Mortgage and Housing Assistance Website

In the early onset of the COVID-19 crisis, California Governor Newsom requested credit unions and state-chartered banks, mortgage lenders and loan servicers to provide financial relief for consumers and homeowners affected by the pandemic.  However, some homeowners and/or renters are still not seeing the relief and the current financial situation seems to have worsen. We

U.S. Department of Education Provides Information on How to Request a Forbearance during this Pandemic

As the Coronavirus pandemic continues, you can become stressed at the thought of not being able to meet your monthly household bills. While colleges and universities campuses are closed, that doesn’t stop your loan servicer from expecting your student loan payments. Federal Student loan borrowers can request temporary relief (interest-free forbearance) from monthly payments. However, a