As of late June 2021, nearly 4 percent of mortgage loans, representing 2 million homeowners, were in forbearance. A strong housing market, proactive agency action and guidance, and coronavirus relief legislation have given these homeowners, many of whom are still facing COVID-related financial hardships, options to exit forbearance and avoid foreclosure.
BPC has asked a group of experts to join us for a Q&A session on ongoing efforts to provide homeowners with mortgage relief, including a status update on the nearly $10 billion being distributed by the Treasury Department to states, territories, and tribes through the Homeowner Assistance Fund.
Director, Financial Markets and Community Investment, U.S. Government Accountability Office
Analyst, Financial Markets and Community Investment, U.S. Government Accountability Office
Panel discussion with:
Executive Vice President, Housing Policy Council
Executive Director, MassHousing
Vice President, National Initiatives, NeighborWorks
Chief Production Officer, Walker & Dunlop; Former HUD Assistant Secretary for Housing/Federal Housing Commissioner
Director, Loan Administration, Mortgage Bankers Association
Read their full bios.