AFREF joined our partners to send a letter urging HUD to take further steps to protect FHA borrowers facing COVID-related hardships form foreclosure, including requiring servicers to communicate the availability of several loss mitigation options, providing guidelines for contacting borrowers before the end of a forbearance, and collect performance data on COVID-19 loss mitigation options and make this information available to the public.
AFR Ed Fund, NCLC, CRL, NCST and NHLP sent a letter to the CFPB with our recommendations for a loss mitigation framework that will allow servicers to offer COVID streamlined modification options while maintaining adequate protections for borrowers in the process.
AFR joined a letter asking Treasury to urge Congress to protect the third round of economic impact payments in the American Rescue Plan of 2021 from assignment and garnishment.
AFREF joined a letter urging the CFPB and the FTC to take immediate action to prevent or limit imminent rental evictions and home foreclosures in the private mortgage market.
AFR Education Fund sent a comment to the SEC supporting the proposed elimination of regulatory exemptions in government securities markets. The letter also calls for the SEC to make further reforms in fixed income markets.
AFREF joined a letter to FHFA on the importance of accurate and reliable appraisals and putting in place safeguards to protect against improper valuations and racial discrimination.
