Money Monday: The Cares Act and Mortgage Forbearances

CHARLESTON, SC (FOX24 NEWS NOW) — The Cares Act was put in place as a relief to those unable to make mortgage payments amid the pandemic. As we slowly return to usual standards and routines, it is time to consider the next step: catching up on those mortgage payments. Senior Communications Advisor for the Federal Housing Finance Agency Raphael Williams provides possible payment options.

For more housing resources and information, visit: https://www.fhfa.gov/Homeownersbuyer/MortgageAssistance
https://cfpb.gov/housing
https://www.fhfa.gov/Coronavirus

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