vania-janet/multiturn-rag-retrieval-data huggingface dataset:
New Data on the Characteristics of Mortgage Borrowers During the COVID-19 Pandemic | Consumer Financial Protection Bureau
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New Data on the Characteristics of Mortgage Borrowers During the COVID-19 Pandemic

By 
 Office of Research
 
 –
 

MAR 23, 2022

In a May 2021 Consumer Financial Protection Bureau (CFPB) report, we used data from the National Mortgage Database (NMDB®) to report on the characteristics of mortgage borrowers during the COVID-19 pandemic based on the account status of borrowers reported through March 2021. The focus of this latest report is to understand the mortgage characteristics and demographics of borrowers who remained in forbearance in January 2022. As in the May report, our sample of borrowers comes from the NMDB, which is a random 1-in-20 sample of closed-end first-lien mortgages in the United States. We analyze borrower demographic and loan characteristics for a sample of more than 2 million mortgage loans for owner-occupied properties. The data include borrower-level demographics and loan-level origination and performance information.
New Data on the Characteristics of Mortgage Borrowers During the COVID-19 Pandemic | Consumer Financial Protection Bureau
New Data on the Characteristics of Mortgage Borrowers During the COVID-19 Pandemic | Consumer Financial Protection Bureau

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Supervisory Highlights | Consumer Financial Protection Bureau
Topics: auto loans, compliance, credit cards, debt collection, enforcement, fair lending, HMDA, Know Before You Owe, mortgages, overdrafts, payday loans, supervision

 
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Spring Supervisory Highlights

Topics: mortgage originations, mortgage servicing, fair lending, supervision, and student loans

 
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Supervisory Highlights Consumer Reporting Special Edition

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Mortgage performance trends | Consumer Financial Protection Bureau
Mortgage performance trends | Consumer Financial Protection Bureau

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Reverse mortgage loans | Consumer Financial Protection Bureau
Submit a complaintIf you are having an issue with a reverse mortgage, you can submit a complaint to the CFPB. We’ll work to get you a response from the company.

 
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About usWe're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.Learn how the CFPB can help you

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Call us if you still can’t find what you’re looking for. You can also submit a complaint about an issue with reverse mortgages over the phone.  (855) 411-2372TTY/TDD: (855) 729-2372

 How the CFPB is protecting you
 

 
 Things to consider before borrowing a reverse mortgage to delay collecting Social Security
 
 

 
 Consumer advisory: Don’t be misled by reverse mortgage advertising
 
 

 
 Consumer advisory: Three steps you should take if you have a reverse mortgage
 
 

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 Reverse Mortgage Rights & Responsibilities guide
 
 

 
 Considering a Reverse Mortgage?
 
 

 
 Reverse Mortgage Discussion guide
 
 

 
 Reverse Mortgage borrowers guide to natural disasters
 
 

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The information on this page covers typical features and requirements for Home Equity Conversion Mortgages (HECMs), which are the most common type of reverse mortgage loan.The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.

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Reverse mortgage loans | Consumer Financial Protection Bureau
Read moreReverse mortgage loans generally must be repaid when you sell or no longer live in the homeIn addition, the loan may need to be paid back sooner, such as if you fail to pay property taxes or homeowner’s insurance or don’t keep your home in good repair. Read more

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Do you serve older adults or family members managing money for a loved one?Learn how to protect against fraudSee resources to be used by financial institutionsRead blog posts, press releases, and related research and reports on issues that affect older Americans

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Submit a complaintIf you are having an issue with a reverse mortgage, you can submit a complaint to the CFPB. We’ll work to get you a response from the company.

 
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About usWe're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.Learn how the CFPB can help you

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Benefit Overpayments and Penalties
We will review your information to determine if repaying the overpayment would cause you extraordinary hardship. To learn how we determine if you qualify for a waiver, visit Benefit Overpayment FAQs.
Note: You cannot request a waiver if we did not mail you a Personal Financial Statement (DE 1446).
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If you qualify for an unemployment overpayment waiver, we will send you a Notice of Overpayment Waiver with the amount that was waived. If you do not qualify for a waiver, we will send you a Notice of Overpayment with the reason why the waiver was denied. If you disagree with the Notice of Overpayment, submit an appeal in writing within 30 days.
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If you qualify for a disability or PFL overpayment waiver, we will send you a Notice of Overpayment with the amount that was waived. If you do not qualify for a waiver, we will send you a Denial of Overpayment Waiver with a Notice of Overpayment and an Appeal Form.
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If we determine you collected benefits you were not eligible to receive, we will mail you a Notice of Overpayment or a Notice of Denial of Benefits and Overpayment. The notice will include:

The total amount due.
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If you did not qualify for a waiver, your notice will also include the reason why the waiver was denied.

How to Appeal 

You have the right to appeal an overpayment determination. You must submit your appeal within 30 days of the mailed date on the Notice of Overpayment or the Notice of Denial of Benefits and Overpayment. You can download the Appeal Form (DE 1000M) (PDF) or use the copy included with the overpayment notice.
If you don’t have the Appeal Form, you can write us a letter stating that you want to appeal the overpayment determination. Your letter must include your name, address, Social Security number, and why you disagree with the determination.
Supervisory Highlights | Consumer Financial Protection Bureau
Topics: consumer reporting, student loan servicing, debt collection, mortgage servicing, deposits, fair lending, recent supervisory guidance and bulletins

 
 Download Fall 2014 Supervisory Highlights
 
 

Summer Supervisory Highlights

Topics: supervision of auto lenders, fair lending

 
 Download Summer 2014 Supervision Highlights
 
 

Spring Supervisory Highlights

Topics: consumer reporting, debt collection, short-term, small dollar lending, fair lending, supervisory guidance and bulletins

 
 Download Spring 2014 Supervision Highlights
 
 

2013

Winter Supervisory Highlights

Topics : mortgage servicing, fair lending

 
 Download Winter 2013 Supervisory Highlights
 
 

Summer Supervisory Highlights

Topics: compliance management systems, third-party service provider oversight, fair lending, mortgage origination

 
 Download Summer 2013 Supervisory Highlights
 
 

2012

Fall Supervisory Highlights

Topics: compliance management systems, third-party service provider oversight, fair lending, mortgage origination 

 
 Download Fall 2012 Supervisory Highlights
 
 

 Further reading
 

 Newsroom
 

 CFPB Takes Action to Stop Illegal Junk Fees in Mortgage Servicing
 

APR 24, 2024

 CFPB Toma Acciones para Detener el Cobro de Tarifas Inesperadas en la Administración de Hipotecas
 

APR 24, 2024

 View more
 

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Mortgages | Consumer Financial Protection Bureau
Legal disclaimer
 

The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.

 Back to top 

 About Us
 

 Contact Us
 

 Careers
 

 Events
 

 Industry Whistleblowers
 

 CFPB Ombudsman
 

 FOIA
 

 Privacy
 

 Website Privacy Policy & Legal Notices
 

 Data
 

 Open Government
 

 Information Quality Guidelines
 

 Diversity & Inclusion
 

 Administrative Adjudication
 

 Plain Writing
 

 Accessibility
 

 Office of Civil Rights
 

 No FEAR Act & Cummings Act
 

 Tribal
 

USA.gov 

Office of Inspector General 

 An official website of the
 United States government
Cash-Out Refinance Loan | Veterans Affairs
Learn about the VA funding fee and other closing costs Visit the Consumer Financial Protection Bureau for more information Download the Bureau’s home loan toolkit (PDF)

 How can I get a VA-backed cash-out refinance loan?
 

 Find a lender.
You’ll go through a private bank, mortgage company, or credit union—not directly through us—to get a cash-out refinance loan. Terms and fees may vary, so contact several lenders to check out your options.
Note: Be careful when considering home loan refinance offers. Claims that you can skip payments or get very low interest rates or other terms that sound too good to be true may be signs of a misleading offer.Learn more about the signs of misleading refinance offers 
 Request your Certificate of Eligibility (COE).
You’ll need to show your COE to your lender as proof that you qualify for the home loan benefit.
Find out if you qualify for a COE
Request your COE now 
 Give your lender any needed information.
In addition to your COE, you’ll need to give your lender:

Copies of paycheck stubs for the most recent 30-day period
W-2 forms for the previous 2 years
A copy of your federal income tax returns for the previous 2 years (required by many, but not all lenders)
Any other information your lender requires

Note: The lender will order a home appraisal, an expert assessment of the value of your home. 
 Follow your lender’s process for closing on the loan, and pay your closing costs.
You may need to pay a VA funding fee at closing. This one-time fee helps to lower the cost of the loan for U.S. taxpayers since the VA home loan program doesn’t require down payments or monthly mortgage insurance. Your lender will also charge interest on the loan in addition to closing fees.
Learn about the VA funding fee and other closing costs 

Last updated: October 12, 2022

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