Maryland, Northern Virginia, Delaware and the District will all take the next steps to gradually reopen in the coming days.

This is a Compliance Aid issued by the Consumer Financial Protection Bureau. 

In the Federal Reserve Board's latest Report on the Economic Well-Being of U.S. Households, they found that financial conditions changed dramatically for people who experienced job loss or reduced hours during March 2020 as the spread of COVID-19 intensified in the U.S.

If your members are having an issue with their stimulus checks, not to worry. The IRS has issued guidance on what to do. If their spouse is deceased the same rules apply. Simply return their portion of the money back to the IRS.

The Consumer Financial Protection Bureau (Bureau) took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic.

In a letter, the NCUA says examiners will be contacting credit unions between May 4 and 18 as follow up to their initial outreach.

The Montgomery County Council introduced a special appropriation of $250,000 to provide grants to businesses and non-profit organizations that implemented a teleworking program and purchased teleworking equipment and software since the beginning of the health crisis in March.

To combat ongoing misinformation, the Federal Housing Finance Agency (FHFA) reiterated that borrowers in forbearance with a Fannie Mae or Freddie Mac (the Enterprises)-backed mortgage are not required to repay the missed payments in one lump sum.

The Consumer Financial Protection Bureau (CFPB) has outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.