HUD: $200 Million in COVID-19 Relief Funding Available to Help Native American Communities Across the Nation
Recovery funding will help American Indian Communities respond to COVID-19 U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced $200 million in Indian Housing Block Grants (IHBG) to American Indian Tribes and Tribally Designated Housing Entities (TDHEs) across the country to respond to COVID-19. This funding will be used to help…
Federal Agencies Encourage Mortgage Servicers to Work with Struggling Homeowners Affected by COVID-19
The federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers affected by the Coronavirus Disease (referred to as COVID-19) emergency. The actions announced today by the agencies inform servicers of the agencies’ flexible supervisory and enforcement…
FEMA: Coronavirus Fact Sheet for Private Nonprofit Organizations
All 50 states, the District of Columbia, five territories, and numerous tribes are working directly with FEMA under President Trump’s March 13, 2020, nationwide emergency declaration for COVID-19. Under this emergency declaration, and subsequent major disaster declarations, certain private non-profit (PNP) organizations are eligible to apply for funding through FEMA’s Public Assistance program. This fact…
FEMA: President Trump Approves Major Disaster Declaration for Tennessee
FEMA announced that federal emergency aid has been made available for the state of Tennessee to supplement state, and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the state, and eligible local governments and certain…
FEMA: President Trump Approves Major Disaster Declaration for Virginia
FEMA announced that federal emergency aid has been made available for the Commonwealth of Virginia to supplement state, tribal and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance federal funding is available to the commonwealth, tribal and eligible local governments…
FEMA: President Trump Approves Major Disaster Declaration for U.S. Virgin Islands
FEMA announced that federal emergency aid has been made available for the Territory of U.S. Virgin Islands to supplement territory and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing. Public Assistance Federal funding is available to the territory and certain private nonprofit…
FEMA: President Trump Approves Major Disaster Declaration for Northern Mariana Islands
FEMA announced that federal emergency aid has been made available for the Commonwealth of Northern Mariana Islands to supplement commonwealth and local recovery efforts in the areas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning January 20, 2020 and continuing. Public Assistance federal funding is available to the Commonwealth and eligible local governments and…
HUD: $3 Billion of COVID-19 Relief Funding Made Available to Communities Across the Nation
In addition to funding, mortgage servicers instructed to offer deferred or reduced mortgage payments for up to 6 months President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law last Friday, providing much needed assistance to the American people as the country works diligently to combat COVID-19. Thanks to the…
HUD: New CAREs Act Mortgage Payment Relief Issued for FHA Single Family Homeowners
Mortgage servicers instructed to offer deferred or reduced mortgage payments by as much as 6 months to start. The U.S. Department of Housing and Urban Development today announced a tailored set of mortgage payment relief options for single family homeowners with FHA-insured mortgages who are experiencing financial hardship as a result of the COVID-19 National…
CFPB: Credit Reporting Guidance During COVID-19 Pandemic Issued
The Consumer Financial Protection Bureau (Bureau) today released a policy statement outlining the responsibility of credit reporting companies and furnishers during the COVID-19 pandemic. In response to the pandemic, many lenders are being flexible when it comes to consumers’ making payments. The Bureau’s statement underscores that consumers benefit if lenders report accurate information about these…