COVID-19: Federal Legislation and Impact on Home Loan Forbearance and Loss Mitigation

With the fluidity of the COVID-19 federal response, we have decided to update this special edition COVID-19 teleconference in order to cover the latest moves being made by the federal government. 

Congress’s response to the COVID-19 pandemic is expansive legislation that provides support to federal agencies, businesses and consumers. That legislation includes mandatory home loan forbearance for consumers experiencing a COVID-19 hardship and other loss mitigation options. The legislation also addresses liquidity issues for mortgage servicers and investors.

Please join Mayer Brown partner Larry Platt as he discusses the provisions of the federal legislation that impact residential mortgage loans. By the time of this call tomorrow, Congress may have enacted the final bill.