April 16, 2020
•
1 min read
Advocates Urge Treasury and the Federal Reserve to Provide Liquidity for Mortgage Providers and Borrower Protections for Consumers
Consumer advocates, civil rights and other organizations and individuals urged the Treasury Department and the Federal Reserve to develop and deploy one or more liquidity facilities through which mortgage servicers covering forborne consumer payments can obtain funding to cover potential shortfalls of advances to bondholders and other parties who are compensated from borrower payments during the declared COVID-19 emergency. Such liquidity assistance must be tied to borrower protections, as detailed in the letter
Our Subject Matter Experts
scornelissen@consumerfed.org
Areas of Expertise
Related Articles
October 01, 2026
/ Press Releases
CFA Condemns the Administration’s Unlawful Rescission of Funds Appropriated for Housing
September 18, 2026
/ Blogs
Why is Congress Leaving $300 Million for Housing Funding on the Table?
September 16, 2026
/ Press Releases
CFA and the Coalition for FHLBank Reform Endorse Rep. Maxine Waters' Bill to Increase Affordable Housing Funding
September 16, 2026
/ Fact Sheets