AFREF joined two letters, one to the CFPB and one to HUD, FHFA, VA and USDA, both calling on the agencies to halt foreclosure for 60 days when a homeowner has submitted an application for HAF funds and the servicer has been notified by the HAF administrator.
AFREF joined a letter to comment on HUD’s response to the COVID-19 pandemic through Mortgage Letter 2021-18. The letter calls on HUD to take further steps to ensure that its program operates as intended and that borrowers are able to obtain the relief they need to avoid unnecessary foreclosures.
AFREF and 154 organizations sent a letter urging HUD to extend the foreclosure moratorium and deadline to request forbearance for FHA borrowers to give them the best opportunity to sustain homeownership beyond the pandemic.
AFREF, NCLC, and NHLP submitted detailed comments to the CFPB urging the Bureau to strengthen its make necessary improvements to its COVID loss mitigation proposal to protect the most vulnerable borrowers and strengthen protections against foreclosures.
AFREF and 41 organizations sent comments in response to the CFPB’s proposed COVID loss mitigation rule urging the Bureau to make critical improvements to help avoid unnecessary foreclosures and to facilitate streamlined solutions for borrowers facing COVID-19 hardships that will make it possible for them to keep their homes and provide them with the stability they need to recover and rebuild.
It is absolutely critical for the well-being of families, communities and the economy that homes are protected. Congress needs to enact measures to protect homeowners and renters, including the following mortgage protections, which our organizations have been advocating: