Forbearance

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California “Repossession and Collections Moratorium Bill” Passes Committee

May 20, 2020 Cucolle1

Sacramento, CA – 19 May, 2020 – In a 7 to 3 vote, with...

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CA’s “Credit Killer” Bill Faces First Hearing Today – Heavy Opposition Mounted

May 19, 2020 Cucolle1

“AB 2501 Shifts the Cost of This Crisis onto the Private Sector, which will...

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House Passes HEROES Act; NAFCU Pushes for CU Relief

May 18, 2020 Cucolle1

“restriction on first party debt collection during a national emergency, which could put unnecessary...

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Heroes Act Throws a Bone to Collectors Financially Affected by Forbearances

May 14, 2020 Cucolle1

Sorry Repo Industry, No bone for you! While everyone in the collections and repossession...

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Proposed California Bill Would Create Repossession, Foreclosure and Collections Moratorium

May 13, 2020 Cucolle1

Mimics many major elements of the recent Congressional stimulus relief “Heroes Act” On May...

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NCLC and Over 150 Groups Issue Proposal for Broad Based Credit and Debt Protections

May 4, 2020 Cucolle1

Collections, Repossessions and Foreclosures Moratoriums High on List May 1, 2020 – In a...

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NCUA Proposes FASB Guidance for Working with Borrowers Affected by the COVID-19 Pandemic and CECL Exemption

May 4, 2020 Cucolle1

In an April 30 letter, National Credit Union Administration (NCUA) Chairman Rodney E. Hood...

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Credit Unions Impacted by CARES Act Forbearances Seek Relief

April 21, 2020 Cucolle1

Members of NAFCU’s Regulatory Affairs team Friday shared credit union concerns and issues related...

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NAFCU Advice on Mortgage Loan Modifications After Forbearance

April 2, 2020 Cucolle1

The other day, we blogged about mortgage loan forbearance and the requirements under the Coronavirus...