Learn About Mortgage Relief Options And Protections And Protections For Renters
Dated: July 8 2020
The information and links below are from the Consumer Financial Protection Bureau
A federal law put in place two protections for homeowners with federally or Government Sponsored Enterprise (GSE) backed mortgages (FHA, VA, USDA, Fannie Mae, Freddie Mac). Learn more about these options and if they're right for your situation.
If you don’t have a federally or GSE-backed mortgage, you still may have relief options through your mortgage loan servicer or from your state.
You can look up who owns your mortgage online, call, or send a written request to your servicer asking who owns your mortgage. The servicer has an obligation to provide you, to the best of its knowledge, the name, address, and telephone number of who owns your loan.
Your mortgage relief options depend on who owns or backs your mortgage, the programs they offer, and the eligibility criteria they set. Here we’ll explain how to find out what you may qualify for.
To request forbearance, you’ll need to reach out to your servicer. To ensure that you are ready for that conversation, we’ve got some information to help you prepare.
While you’re in the forbearance period, or working under another mortgage relief option, there are a number of things to do to continue to protect yourself.
If you’re having trouble making rent payments as a result of the coronavirus pandemic, you are not alone. Fortunately, there are steps renters can take, as well as many significant protections from eviction that apply in certain situations.
Charles Chapman has more than 20 years' experience in the Montgomery County real estate market. He has been a full-time agent through rising markets and good times, and also through falling markets an....
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The information and links below are from the Consumer Financial Protection BureauLearn about mortgage relief options and protectionsA federal law put in place two protections for homeowners with
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