Banks help first-time borrowers tackle the high cost of homeownership.
Browsing: Housing counseling
As the nation observes American Housing Month in June—and as millions of Americans are now struggling to make monthly housing payments due to COVID-19—the ABA Foundation today launched a new housing relief resource page for individuals seeking information.
In a white paper released today, the Department of the Treasury, the Department of Housing and Urban Development and the Federal Housing Finance Agency outlined five principles to guide the creation of future foreclosure prevention programs.
The Consumer Financial Protection Bureau today issued an interpretive rule intended to help lenders comply with the requirement in its mortgage servicing and high-cost mortgage rules to provide a list — shortly after a borrower applies for a mortgage — of Department of Housing and Urban Development-approved housing counselors nearby.