CFPB Eyes Making COVID-era Mortgage Protections Permanent

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CFPB Eyes Making COVID-era Mortgage Protections Permanent

MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.

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CFPB Eyes Making COVID-era Mortgage Protections Permanent

Friday, Sep 23 2022

Written by The Mortgage Leader

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The Consumer Financial Protection Bureau has asked for public input as it considers whether to potentially bring back pandemic-era automatic refinancing and forbearance measures for the long haul. So reports Bloomberg.

covid 19 4922384 640small According to the CFPB, mortgage services may also benefit from automatic protections for borrowers that would allow them to pause payments or extend the mortgage maturity date.