Home Info Newsroom CFPB Uses Homeowner Assistance Fund Program to Help Borrowers Avoid Foreclosure

CFPB Uses Homeowner Assistance Fund Program to Help Borrowers Avoid Foreclosure

Authored By: Lewis Wood on 3/15/2022

The CFPB announced recently that as of March 1, 2022, over 768,000 mortgage borrowers remain in active forbearance. Many of these consumers are seriously delinquent and at risk of foreclosure unless they receive loss mitigation assistance from their servicers.

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