Tracking the Latest Announcements from Federal and State Governments, Financial Institutions and Trade Associations
The impact of COVID-19 on our lives is a dynamic situation that is evolving with each new day. The flow of new orders, rules, laws, and guidance impacting the Consumer Financial Services industry is constant, and a challenge to monitor. Goodwin’s Consumer Financial Services team is here to help. This hub is updated daily and to serve as the first resource you can check every morning to know the latest announcements from federal and state governments, financial institutions, and industry trade groups that affect the mortgage, student lending, credit card, debt collection, credit reporting, personal loan, banking and consumer lending industries.
Federal Agencies
States
Financial Institutions
Trade Associations
FEDERAL AGENCIES
Consumer Financial Protection Bureau (CFPB)
June 23, 2020
CFPB Issues Interim Final Rule on Loss Mitigation Options for Homeowners Recovering from Pandemic-Related Financial Hardships
June 19, 2020
Remarks by Director Kraninger During Consumer Data Industry Association Webinar
June 3, 2020
CFPB Takes Action to Help Consumers Receive Relief from Credit Card Issuers
May 22, 2020
CFPB Takes Action to Help Struggling Homeowners Seeking Mitigation Efforts; Consumers Seeking Small-Dollar Loans
May 21, 2020
CFPB Issues COVID-19 Consumer Complaint Bulletin
May 19, 2020
CFPB Releases Video on Consumers Receiving Stimulus Payment on Prepaid Debit Card
May 15, 2020
CFPB, CSBS Issue Consumer Guidance on Mortgage Relief Options
Director Kraninger Remarks During Financial Stability Oversight Council Meeting
May 13, 2020
CFPB Outlines Responsibilities of Financial Firms During Pandemic
May 12, 2020
CFPB, FHFA, & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19
Director Kraninger Provides Remarks at National Association of Realtors 2020 Legislative Meetings
May 11, 2020
CFPB Issues Final Remittance Rule
May 6, 2020
CFPB Issues Clarifications to Support Small Business Applying for PPP Loans
May 1, 2020
CFPB Report Shows Decline in Credit Applications in March
April 29, 2020
CFPB Paves Way for Consumers Facing Financial Emergencies to Obtain Access to Mortgage Credit More Quickly
April 24, 2020
CFPB Outlines Mortgage Loan Transfer Process to Prevent Consumer Harm
April 21, 2020
CFPB Releases Video for Non-Filers on Economic Impact Payments
April 20, 2020
CFPB Announces May 1 Joint Bureau Advisory Committee to Discuss COVID-19 Pandemic Consumer Impact
April 16, 2020
CFPB Issues Final Rule Raising Data Reporting Thresholds Under the Home Mortgage Disclosure Act (HMDA)
April 15, 2020
CFPB and FHFA Announce Borrower Protection Program
April 14, 2020
Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
April 13, 2020
CFPB Taking Steps to Help Consumers Receive Economic Impact Payments Quicker
April 10, 2020
CFPB Announces Guidance on Remittance Transfers During COVID-19 Pandemic
April 3, 2020
CFPB Releases Video on How Mortgage Forbearance Works Under CARES Act
April 1, 2020
CFPB Issues Credit Reporting Guidance During COVID-19 Pandemic
March 26, 2020
Director Kraninger Remarks During Financial Stability Oversight Council Meeting
CFPB Says It Will Provide Flexibility to Financial Companies During COVID-19 Pandemic
March 24, 2020
CFPB Announces Resources for Consumers During COVID-19 Pandemic
March 20, 2020
CFPB Extends FDCPA Comment Period Due to COVID-19 Challenges
March 18, 2020
CFPB Director Statement on Joint HUD-FHFA Foreclosure & Eviction Moratorium
See CFPB Resources for Consumers During Coronavirus Pandemic
Department of Education (DOE)
March 27, 2020
Remarks by Secretary DeVos at the White House Coronavirus Task Force Press Briefing
March 26, 2020
Coalition of 27 State AGs Call on the U.S. DOE to Protect Student Loan Borrowers in Response to COVID-19
March 20, 2020
Secretary DeVos Suspends Federal Student Loan Payments, Waives Interest During National Emergency
Department of Housing and Urban Development (HUD)
June 17, 2020
FHA Extends Foreclosure and Eviction Moratorium for Single Family Homeowners for Additional Two Months
June 4, 2020
Federal Housing Administration Announces Guidance for Insuring Single Family Home Mortgages in Forbearance
May 12, 2020O
CFPB, FHFA, & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19
May 5, 2020
HUD Increases and Expands Flexibility of Funds for Public Housing Authorities to Fight COVID-19
May 1, 2020
HUD Allocates Second Wave of Relief Funds, Over Half a Billion Dollars to Help Protect Low-Income Americans
April 13, 2020
HUD Implements New CARES Act Multifamily Mortgage Payment Relief to Maintain and Preserve Affordable Rental Housing
April 2, 2020
HUD Moves to Make $3 Billion of COVID-19 Relief Funding Available to Communities
April 1, 2020
HUD Issues New CARES Act Mortgage Payment Relief For FHA Single Family Homeowners
Department of Justice (DOJ)
June 22, 2020
Massachusetts Man Charged with COVID-Relief Fraud
June 16, 2020
Illinois Business Owner Charged with COVID-Relief Fraud
May 19, 2020
Texas Man Charged with $5 Million COVID-Relief Fraud
May 5, 2020
Two Charged in Rhode Island with SBA PPP Stimulus Fraud
April 13, 2020
DOJ and FTC Jointly Issue Statement on COVID-19 and Competition in U.S. Labor Markets
March 30, 2020
Assistant AG Issues Statement on Servicemembers’ Civil Rights During COVID-19
March 20, 2020
Attorney General Urges Americans to Report COVID-19 Related Fraud
See also DOJ Site re COVID-19 Fraud
Federal Deposit Insurance Company (FDIC)
May 6, 2020
Federal Banking Agencies Extend Two Resolution Plan Deadlines Due to COVID
April 25, 2020
Small Business Administration (SBA) and U.S. Department of Treasury Announce Availability of New Paycheck Protection Program Loans
April 22, 2020
Technical Corrections to the Revised Transition of the Current Expected Credit Losses Methodology for Allowances
April 14, 2020
Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
April 9, 2020
Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program Facility
FDIC Issues Capital-Related Revisions to the Consolidated Reports of Condition and Income
April 7, 2020
Revised Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by COVID-19
April 6, 2020
Federal Agencies Announce Changes to Community Banking Leverage Ratio
April 3, 2020
Federal Agencies Encourage Mortgage Servicers to Work with Distressed Homeowners Affected by COVID-19
March 27, 2020
FDIC Statement on Part 363 Annual Reports in Response to Coronavirus
FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations
March 26, 2020
FDIC Announces Temporary Alternative Procedures for Sending Supervision-Related Mail and Email to the FDIC
The FDIC Announces a 30-Day Grace Period for the Call Report for the First Quarter of 2020
March 22, 2020
Agencies Provide Additional Information to Encourage Financial Institutions to Work with Borrowers Affected by COVID-19
March 19, 2020
Joint Statement on CRA Consideration for Activities in Response to the COVID-19
Frequently Asked Questions: For Financial Institutions and Consumers Affected by the Coronavirus
March 17, 2020
Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses
March 13, 2020
FDIC Regulatory Relief: Working with Customers Affected by the Coronavirus
March 6, 2020
Interagency Statement on Pandemic Planning
Federal Housing Finance Agency (FHFA)
June 17, 2020
FHFA Extends Foreclosure and Eviction Moratorium
May 19, 2020
FHFA Announces Refinance and Home Purchase Eligibility for Borrowers in Forbearance
May 14, 2020
FHFA Extends Foreclosure and Eviction Moratorium for Enterprise-Backed Mortgages
May 13, 2020
FHFA Announces Payment Deferral as New Repayment Option for Homeowners in COVID-19 Forbearance Plans
May 12, 2020
CFPB, FHFA, & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19
May 5, 2020
FHFA Extends Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers
May 4, 2020
FHFA Announces Tools to Help Renters Find Out If They Are Protected From Eviction
April 23, 2020
FHFA Supports Small Business by Allowing Federal Home Loan Banks to Accept Paycheck Protection Program Loans as Collateral
April 22, 2020
FHFA Announces That Enterprises Will Purchase Qualified Loans in Forbearance to Keep Lending Flowing
April 21, 2020
FHFA Addresses Servicer Liquidity Concerns, Announces Four Month Advance Obligation Limit for Loans in Forbearance
April 15, 2020
FHFA and CFPB Announce Borrower Protection Program
April 7, 2020
FHFA Director Says He Sees No Evidence of Systemic Crisis Among Nonbank Servicers (from WSJ)
March 31, 2020
FHFA Authorizes Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers
March 26, 2020
FHFA Director’s Prepared Remarks at Financial Stability Oversight Council Principals Meeting
March 23, 2020
FHFA Directs Enterprises to Grant Flexibilities for Appraisal and Employment Verifications
FHFA Moves to Provide Eviction Suspension Relief for Renters in Multifamily Properties
March 18, 2020
FHFA Suspends Foreclosures and Evictions for Enterprise-Backed Mortgages
March 10, 2020
Statement from FHFA Director on Coronavirus
Federal Reserve System (FRS)
June 30, 2020
Testimony by Chair Powell on the coronavirus and CARES Act
June 19, 2020
Remarks by Chair Powell at “Building a Resilient Work Force”
Speech by Vice Chair Quarles on the Adaptability of Stress Testing
June 16, 2020
Semiannual Monetary Policy Report to the Congress from Chair Powell
Statement on U.S. Economic Outlook and Monetary Policy from Vice Chair Clarida
May 27, 2020
Federal Reserve Issues Beige Book
Opening Remarks by Chair Powell at “Fed Listens: How Is COVID-19 Affecting Your Community?”
Speech by Vice Chair Clarida on the U.S. Economic Outlook and Monetary Policy
May 20, 2020
Federal Agencies Share Principles for Offering Responsible Small-Dollar Loans
May 18, 2020
Congressional Testimony by Chair Powell on the Federal Reserve’s Response to the Coronavirus and the CARES Act
May 15, 2020
Federal Reserve Issues Financial Stability Report
May 14, 2020
Federal Reserve Board Issues Report on the Economic Well-Being of U.S. Households
May 13, 2020
Speech by Chairman Powell on Current Economic Issues
Vice Chair Quarles Issues Supervision and Regulation Report Before Senate Committee
May 11, 2020
Federal Reserve Publishes Updates to Term Sheet for the Municipal Liquidity Facility
May 8, 2020
Federal Reserve Issues Supervision and Regulation Report
May 6, 2020
Fed and FDIC Extent Two Resolution Plan Deadlines Due to COVID-19
April 30, 2020
Federal Reserve Board Announces It Is Expanding the Scope and Eligibility for the Main Street Lending Program
April 29, 2020
Federal Reserve Issues FOMC Statement
April 27, 2020
Federal Reserve Board Announces an Expansion of the Scope and Duration of the Municipal Liquidity Facility
April 15, 2020
Federal Reserve Issues Beige Book
April 14, 2020
Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
April 9, 2020
Federal Reserve to Provide Up to $2.3 Trillion in Loans to Support the Economy
Federal Regulators Issue Interim Final Rule for PPP Facility
Speech by Fed Chair Powell Regarding COVID-19 and the Economy
April 8, 2020
Federal Reserve Announces Temporarily Modified Growth Restriction on Wells Fargo to Support Small Businesses
Federal Agencies Announce Changes to the Community Bank Leverage Ratio
April 3, 2020
Federal Agencies Encourage Mortgage Servicers to Work with Struggling Homeowners Affected by COVID-19
April 1, 2020
Federal Reserve Announces Temporary Change to Supplementary Leverage Ratio
March 31, 2020
Federal Reserve Announces Establishment of a Temporary FIMA Repo Facility to Help Financial Markets
March 30, 2020
Federal Reserve and Four Other Financial Regulators Issue Joint Statement Encouraging Responsible Small Dollar Lending During COVID-19
March 27, 2020
Federal Reserve, FDIC, and OCC Announce Two Actions to Support Lending to Households and Businesses
March 26, 2020
Federal Reserve Offers Regulatory Reporting Relief to Small Financial Institutions
March 25, 2020
Federal Reserve Reports to Congress Concerning COVID-19 Pandemic
March 24, 2020
Federal Reserve Adjusts Supervisory Approach in Light of COVID-19
Federal Reserve Announces Six-Month Delay in Implementation of New Payment System Risk Policy
March 23, 2020
Federal Reserve Announces Technical Change to Allow Banks to Continue Lending to Creditworthy Households and Businesses
March 19, 2020
Federal Reserve, OCC, and FDIC Issue Joint Statement on CRA
March 17, 2020
Federal Reserve Announces Primary Dealer Credit Facility to Support Credit Needs
Federal Reserve Announces Establishment of Commercial Paper Funding Facility to Support Credit Needs
March 16, 2020
Federal Reserve Encourages Banks to Use Discount Window
March 15, 2020
Federal Reserve Actions to Support Flow of Credit to Households and Businesses
March 9, 2020
Federal Regulators Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus
See also Federal Reserve COVID-19 Bank Operations Page
Federal Trade Commission (FTC)
FTC Business Blog: Big Concerns About Small Business Loan Pitches
April 29, 2020
FTC Business Blog: New SBA Funding Attracts Scammers
April 17, 2020
FTC Takes Action to Stop Company Posing as SBA Lender and Preying on Small Businesses
April 15, 2020
FTC Business Blog: Small Business Financing Considerations for Borrowers and Lenders
FTC Consumer Blog: Behind on Car Payments Because of the Coronavirus?
April 14, 2020
FTC Consumer Blog: Coronavirus and Your Mortgage
April 13, 2020
FTC and DOJ Issue Joint Statement Announcing They Are on Alert for Collusion in U.S. Labor Markets
April 2, 2020
FTC Business Blog: Where Small Businesses Can Turn for Accurate Information About Financial Relief
FTC Consumer Blog: Where to Go for Small Business Financial Relief
March 30, 2020
FTC Consumer Blog: Got Student Debt? Read This
March 26, 2020
FTC Chairman Outlines Agency Steps to Safeguard Consumer During Pandemic
March 17, 2020
FTC Outlines Response to Coronavirus Challenges
See FTC COVID-19 Consumer Complaint Tracker
National Credit Union Administration (NCUA)
May 22, 2020
NCUA Principles for Making Responsible Small-Dollar Loans
May 20, 2020
Federal Agencies Share Principles for Offering Responsible Small-Dollar Loans
May 11, 2020
NCUA Letter to Credit Unions Regarding CFPB Interpretive Rule on Waiver of TRID and TILA Waiting Periods
NCUA Establishes Central Liquidity Facility (CLF) Agent Memberships
May 1, 2020
Federal Reserve Board Issues Rule Allowing Credit Unions to Remove the Monthly Limit on Savings Withdrawals
April 30, 2020
NCUA Letter to Credit Unions Regarding Working with Borrowers Affected by COVID-19
April 29, 2020
NCUA Letter to Credit Unions on COVID-Related Outreach
April 28, 2020
NCUA Letter to Credit Unions on Regulatory Treatment for Paycheck Protection Program Loans
April 27, 2020
NCUA: Credit Unions Are Strong, But COVID-19 Presents Challenges
NCUA: Mentoring Grants Available to Help MDIs
April 24, 2020
NCUA Chairman: Paycheck Protection Program and Health Care Enhancement Act Will Support Local Communities
April 22, 2020
NCUA Board Approves Changes to Capital; Business Lending Regulations
April 17, 2020
NCUA Letter to Credit Unions on Temporary Regulatory Relief in Response to the COVID-19 Pandemic
April 16, 2020
NCUA Board Approves Regulatory Relief Measures in Response to COVID-19
April 14, 2020
Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
April 13, 2020
NCUA Increases Funding for COVID-19 Emergency Response Grants
NCUA Board Approves Changes to Central Liquidity Facility
April 8, 2020
NCUA Chairman Hood’s Remarks During a Call with the CEO’s of the Nation’s Corporate Credit Unions
NCUA Summary of the Coronavirus Aid, Relief, and Economic Security (CARES) Act
April 3, 2020
Federal and State Agencies Encourage Mortgage Servicers to Work With Struggling Homeowners Affected by COVID-19
March 31, 2020
NCUA Outlines Grants, Loans Available to Low-Income Credit Unions for COVID-19 Response
March 30, 2020
NCUA Offsite Examination and Supervision Approach for COVID-19
March 27, 2020
NCUA’s COVID-19 Emergency Fund Initiative Guidelines
NCUA Chairman Hood: Coronavirus Aid, Relief, and Economic Security Act Will Provide Needed Relief
NCUA Hosts March 31 Webinar on COVID-19 Response
March 26, 2020
Responsible Small-Dollar Lending in Response to COVID-19
March 25, 2020
FAQs regarding COVID-19, NCUA, and Credit Union Operations FAQS and Resources
March 23, 2020
Urgent Needs Grants Available to Help Credit Unions Affected by COVID-19
See also NCUA Provides FAQs for Federally-Insured Credit Unions
Office of the Comptroller of the Currency (OCC)
July 1, 2020
OCC Bulletin 2020-67: Extension of the Swap Margin Rule Compliance Dates: Interim Final Rule
June 22, 2020
OCC Interim Final Rule Reduces Assessments in Response to COVID-19
OCC Bulletin 2020-63: Assessments: Interim Final Rule
June 17, 2020
COVID-19 Relief Programs: Preemption
June 1, 2020
OCC Sounds Warning About Effects of COVID-19 ‘Lockdowns’ on Banking System
May 26, 2020
OCC Posts Interagency FAQs re Community Reinvestment Act (CRA)
OCC Bulletin 2020-55: Director, Shareholder, and Member Meetings: Interim Final Rule
May 20, 2020
Small-Dollar Lending: Interagency Lending Principles for Offering Responsible Small-Dollar Loans
May 12, 2020
OCC Bulletin 2020-51: Corporate Governance: Annual Meetings and the COVID-19 Emergency
May 7, 2020
Notes from OCC Paycheck Protection Program (PPP) Listening Sessions
May 6, 2020
OCC Liquidity Coverage Ratio: Interim Final Rule Addressing Treatment of Certain Emergency Facilities
April 25, 2020
OCC Encouraging Banks to Prudently Document SBA Paycheck Protection Program (PPP) Loans
April 24, 2020
OCC Issues COVID-19 Financial Support Programs Bulletin Reasserting Its Exclusive Visitorial Authority
April 22, 2020
OCC, Fed, and FDIC Issue Final Rule with Technical Changes to Interim Rule Concerning Current Expected Credit Losses
April 16, 2020
OCC Consumer Compliance: FFIEC Federal Disclosure Computational Tools
April 14, 2020
Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
OCC Announces Paycheck Protection Program Listening Sessions
April 10, 2020
Consolidated Reports of Condition and Income: Revisions to the FFIEC Call Reports and FFIEC 101 for the March 31, 2020, Report Date
April 9, 2020
Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program Facility
Capital Treatment for Paycheck Protection Program: Interim Final Rule
OCC Says It Won’t Halt Community Lending Overhaul for Pandemic (from Law360)
April 6, 2020
Federal Agencies Announce Changes to Community Banking Leverage Ratio
OCC Issues Community Banking Leverage Ratio Interim Final Rules
April 3, 2020
Mortgage Servicing: Joint Statement on Supervisory and Enforcement Practices Related to Provisions of the CARES Act
April 2, 2020
OCC Issues Information Bulletin for Banks Regarding New Programs for Small Business Relief
March 27, 2020
Statement of the Comptroller of the Currency on the Enactment of the Nation’s Stimulus Package
OCC Bulletin – Standardized Approach for Counterparty Credit Risk: Notice to Allow Early Adoption
OCC Announces Interim Final Rule to Delay Estimated Impact on Regulatory Capital
Federal Reserve, FDIC, and OCC Announce Two Actions to Support Lending to Households and Businesses
March 26, 2020
Statement of the Comptroller of the Currency on the Condition of the Federal Banking System and the Response to COVID-19
March 25, 2020
OCC Offers Guidance re Essential Critical Infrastructure Workers in the Financial Services Sector
March 23, 2020
Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working With Customers Affected by COVID-19
March 22, 2020
Agencies Provide Additional Information to Encourage Financial Institutions to Work with Borrowers Affected by COVID-19
OCC Frequently Asked Questions for Banks Regarding COVID-19
March 17, 2020
Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses
March 16, 2020
Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window
March 13, 2020
OCC Bulletin 2020-15: Pandemic Planning: Working With Customers Affected by Coronavirus and Regulatory Assistance
March 9, 2020
Agencies Encourage Financial Institutions to Meet Financial Needs of Communities Affected by Coronavirus
See also OCC COVID-19 Reference and Updates Page
See also COVID-19 Questions and Answers for National Banks and Federal Savings Associations
See also COVID-19 Questions and Answers for Bank Customers
Veteran’s Administration (VA)
April 3, 2020
VA Extends Financial, Benefits and Claims Relief to Veterans
STATES
Alaska
March 26, 2020
Alaska Legislature Proposes Bills to Temporarily Suspend Foreclosures and Evictions and Encourage Forbearance on Certain State Loans
March 25, 2020
Alaska Senate Proposes Bill to Provide Relief to State Borrowers
March 23, 2020
Senate Passes 2X PFD, COVID-19 Fighting Budget
March 21, 2020
Alaska Businesses Now Eligible for SBA Economic Injury Disaster Loans
March 20, 2020
Alaska COVID-19 Economic Stabilization Plan
See also Alaska COVID-19 Update
See also Alaska Department of Commerce COVID-19 Economic Recovery Resource Portal
Alabama
See Alabama COVID-19 Relief Guide
Arkansas
May 18, 2020
Arkansas State Bank Department: Consumer Guide on Mortgage Relief Options
April 28, 2020
Arkansas Supreme Court Adds Temporary Pleading Requirement to New Eviction Complaints
April 18, 2020
Arkansas AG Announces New Economic Recovery Task Force
April 13, 2020
Arkansas Economic Development Commission Quick Action Loan Program Summary
Arkansas Bankers Association: Banking Industry Response to Coronavirus
April 7, 2020
Arkansas State Bank Department Update on Federal Financial Institution Regulatory Agencies’ Revised Interagency Statement
April 1, 2020
Arkansas Legislature Creates COVID-19 Reserve Fund, Encourages Banks to Restructure Loans to Troubled Businesses
March 31, 2020
Arkansas Secretary of State Temporarily Waives Franchise Tax Late Fees and Interest Charges
March 23, 2020
Arkansas State Bank Department COVID-19 Contingency Plan
Arizona
April 29, 2020
Arizona Governor Releases Updated Guidance for Businesses
April 6, 2020
Arizona Governor Expands Eviction Protections to Small Businesses and Nonprofits
April 1, 2020
Arizona Governor Announces Protections for Renters
March 30, 2020
Arizona Governor Announces Foreclosure Suspensions and Other Relief
March 24, 2020
Arizona Governor announces postponement of eviction actions
March 23, 2020
Arizona announces financial assistance to prevent eviction or foreclosure
California
May 11, 2020
California Legislature Considers Homeowner and Consumer Relief Legislation
April 23, 2020
California AG Calls on Federal Government to Increase Protections for Homeowners During COVID-19
California Governor Announces Additional Relief for Californians Impacted by COVID-19
April 13, 2020
California AG Joins Multistate Letter Opposing the CFPB’s Decision to Scale Back Enforcement of the Fair Credit Reporting Act
April 9, 2020
California AG Leads Effort to Defend Federal Regulations Protecting Underserved Communities from Banking Discrimination
March 30, 2020
California AG Urges U.S. Department of Education to Provide Promised Student Debt Relief to Public Servants
March 26, 2020
California AG Joins Multistate Letter Urging Secretary DeVos to Protect Student Loan Borrowers During COVID-19 Public Health Crisis
California DBO Coronavirus Updates
March 25, 2020
Governor Gavin Newsom Announces Major Financial Relief Package: 90-Day Mortgage Payment Relief During COVID-19 Crisis
March 23, 2020
California Releases Guidance to Help Californians Experiencing Financial Hardship Because of COVID-19 Pandemic
March 22, 2020
Guidance for Lenders During the COVID-19 Pandemic
Guidance to Financial Institutions During the COVID-19 Pandemic
March 16, 2020
California Governor Issues Executive Order to Protect Renters and Homeowners During COVID-19 Pandemic
Colorado
May 12, 2020
Colorado Issues Additional Guidance for Critical Financial Institution Operations
April 23, 2020
Colorado Announces Additional Payment Relief for Student Loan Borrowers
April 17, 2020
Colorado Issues Guidance on Credit Reporting and the CARES Act Amendment
March 30, 2020
Colorado Enacts Remote Notarization Emergency Rules
March 27, 2020
Colorado DORA Issues Appraisal Guidance for State Chartered Banks and Credit Unions
Colorado DORA Issues Guidance to Money Transmitters
March 20, 2020
Colorado Limits Evictions and Foreclosures until April 30, 2020
March 18, 2020
Colorado Urges Creditors to Cease Debt Collection
March 16, 2020
Colorado Mortgage Loan Originators May Perform Licensed Activities from Anywhere
Colorado Division of Banking Issues Guidance for State-Chartered Financial Institutions
Connecticut
April 10, 2020
Connecticut Governor Signs Executive Order Providing Residential Rent Protections
March 31, 2020
Connecticut Governor Announces Mortgage Payment Relied During COVID-19 Crisis
March 26, 2020
Connecticut Governor Launches Emergency No Interest Loan Program for Small Businesses and Nonprofits
March 20, 2020
Connecticut Housing Finance Authority Issues Guidance for Lenders
Connecticut Housing Finance Authority Issues Guidance for Homeowners
March 19, 2020
Connecticut Courts Issue 60-Day Foreclosure and Eviction Moratorium
March 18, 2020
Connecticut Department of Banking Issues Guidance for Mortgage Servicers
See also Connecticut State Resources for Homeowners and Renters
District of Columbia
May 18, 2020
DC Council Enacts Tenant Protections During COVID-19 Crisis
May 6, 2020
DC Council Unanimously Passes Fourth COVID Response Measure, Including Further Eviction Restrictions
April 30, 2020
DC AG Racine Alerts District Residents About Debt Collection Protections During COVID-19 Emergency
April 29, 2020
Mayor Bowser Expands Funding for DC Small Business Recovery Microgrants Program
April 17, 2020
DC Councilmember Proposes Mortgage Relief Emergency Act
April 8, 2020
DC Council Passes Wide-Ranging Second COVID Emergency Response Bill
March 19, 2020
DC AG Vows to Enforce COVID-19 Response Act, Including Eviction Prohibition
DC Department of Consumer and Regulatory Affairs Extends Deadlines for Business Licensing
Delaware
March 26, 2020
Delaware Governor and Housing Authority Announce Housing Assistance Program
Florida
April 23, 2020
Florida AG Seeks Help for Homeowners Affected by COVID-19
April 2, 2020
Florida Governor Suspends Foreclosures and Evictions for 45 Days
March 25, 2020
Florida Governor considers a moratorium on evictions as rent deadline nears
Georgia
April 17, 2020
Georgia Governor Urges Congress to Fund Paycheck Protection Program
March 27, 2020
Georgia Court Issues Order Regarding Real Estate Transactions by Video Conference
March 13, 2020
Georgia Department of Banking and Finance: Memo on Emergency Closing Notification Procedures
Hawaii
May 18, 2020
Hawaii Governor Signs Executive Order Extending Eviction Moratorium Until June 30
May 11, 2020
DHHL, Aloha United Way Launch Beneficiary Rental Relief Program
April 17, 2020
Hawaii Judiciary Postpones Trials Until End of May
Hawaii Governor Orders Eviction Moratorium
April 3, 2020
Hawaii AG Connors Joins Multistate Coalition Urging VA to Suspend Deadlines and Collection Activities
March 17, 2020
Hawaii Department of Public Safety Sherriff Division Suspends All Eviction Activities
March 16, 2020
Hawaii Supreme Court Suspends Civil Hearings, Including Landlord-Tenant and Small Claims Until April 30
Idaho
April 14, 2020
Idaho Lenders Now Processing Payroll Protection Program (PPP) Applications for Small Businesses
See Idaho COVID-19 Resources Page
Illinois
May 27, 2020
Illinois Announces $7.3 Million Investment for Illinois Small Business Development Centers
May 22, 2020
Illinois Supreme Court Issues Pandemic-Related Temporary Order for Eviction Cases
May 14, 2020
Illinois Department of Financial and Professional Regulation Announces Enforcement Actions Taken During March 2020
Illinois Governor Extends Home Energy Assistance to August 31, 2020
Illinois AG Calls Urges HUD to Protect Senior Citizens with Reverse Mortgages from Foreclosure
April 28, 2020
Chicago Mayor, Department of Business Affairs and Consumer Protection Announce $5M Microbusiness Recovery Program
April 24, 2020
Illinois Supreme Court Issues Order Limiting Freezes on Personal Bank Accounts
April 15, 2020
Illinois Governor Provides Updated Revenue Projections, Plans Issuance of $1.2B in Short-Term Borrowing
April 13, 2020
Illinois Housing Development Authority COVID-19 Housing Resources Information
Illinois Department of Commerce & Economic Opportunity Emergency Resources for Businesses
April 7, 2020
Chicago Mayor Issues Executive Order Ensuring Economic Assistance Provided by City Extends to Immigrants, Refugees
Illinois Department of Financial and Professional Regulation Credit Union Questions and Answers
March 27, 2020
Chicago Mayor Lightfoot, Department of Housing and Family Independence Initiative Launch COVID-19 Housing Assistance Grant Program
March 18, 2020
Chicago Mayor Announces Temporary Suspension of Debt Collection
Indiana
April 3, 2020
Indiana State Depository Division Suspends All New Examination Activity until April 26
March 20, 2020
Indiana Announces Foreclosure and Eviction Moratorium
Indiana AG Encourages Consumers to File Foreclosure Complaints
Iowa
April 2, 2020
Iowa Governor Extends Foreclosure and Eviction Suspension
March 23, 2020
Iowa Division of Banking announces suspension of various banking regulations
March 22, 2020
Iowa Governor announces suspension of foreclosures on residential, commercial, and agricultural real property
Kansas
March 23, 2020
Kansas Executive Order to temporarily prohibit evictions and foreclosures
See also Kansas Insurance Department COVID-19 FAQs
Kentucky
March 25, 2020
Kentucky Governor Issues Executive Order Suspending Evictions
March 20, 2020
Kentucky Governor Halts Evictions
March 13, 2020
Kentucky Supreme Court issues emergency order restricting court activity
Louisiana
April 1, 2020
Louisiana Governor Announces Financing Assistance Programs
March 26, 2020
Louisiana Governor announces suspension of provisions of Business Corporation Act
March 18, 2020
Louisiana Governor suspends all legal deadlines
Maine
April 16, 2020
Maine Governor Unveils Actions to Protect Housing for Maine People Amidst COVID-19 Pandemic
April 6, 2020
Maine Governor Encourages Maine Small Businesses to Apply to Federal Paycheck Protection Program
Finance Authority of Maine COVID-19 Relief Lender Insurance Program
Finance Authority of Maine COVID-19 Relief Loan Programs
Massachusetts
June 11, 2020
Community Banks and Credit Unions Step Up to Help Small Businesses
May 27, 2020
Massachusetts AG’s Office Awards $500,000 to Provide Relief to Small Businesses During COVID-19 Pandemic
May 14, 2020
Massachusetts AG Calls on Division of Insurance to Lower Auto Insurance Rates for Businesses During COVID-19 Pandemic
April 24, 2020
Massachusetts AG Announces New Efforts to Protect Small Businesses
April 23, 2020
Massachusetts AG Calls on Federal Government to Provide a Long-Term Solution for Homeowners Affected by COVID-19
April 22, 2020
Baker-Polito Administration Division of Banks Joins Multistate Initiative to Provide Relief to Massachusetts Student Loan Borrowers
April 21, 2020
News Consumer Advisory: Private Student Loan Relief Announced for Massachusetts Borrowers
April 20, 2020
Massachusetts Gov. Baker Signs Law Providing for Moratorium on Evictions and Foreclosures
April 16, 2020
Massachusetts AG’s Office Announces New Grant Program and Partnership to Provide Relief for Small Businesses During COVID-19 Pandemic
April 14, 2020
Massachusetts AG Calls on Division of Insurance to Lower Auto-Insurance Premiums
April 13, 2020
Massachusetts AG to Debt Collectors: COVID-19 Stimulus Payments Are Off Limits
April 11, 2020
Massachusetts Governor Hopes for Eviction Moratorium Bill in Days
April 6, 2020
Massachusetts DOB Industry Guidance Re: SBA’s Paycheck Protection Program and Legal Lending Limits
March 31, 2020
Massachusetts Senate Passes Housing Security Bill to Provide Temporary Security to Homeowners and Renters
March 27, 2020
AG’s Office Issues Emergency Regulation to Protect Consumers from Harmful Debt Collection Practices During Covid-19 Emergency
March 25, 2020
Massachusetts State Senate Proposes COVID-19 Homeowner Protection Act
March 16, 2020
Massachusetts DOB Statement on Financial Institutions Working with Customers Affected by the Coronavirus and Regulatory Assistance
Massachusetts Legislature Issues Declaration Providing a Moratorium on Evictions and Foreclosures
March 9, 2020
FFIEC Highlights Pandemic Preparedness Guidance
Maryland
May 18, 2020
Maryland Issues Guidance On Furnishing Student Loan Information During COVID-19
May 11, 2020
Maryland Permits Collection Agencies to Cease Operations
April 30, 2020
Maryland Advises That Debt Collectors Cannot Seize CARES Act Stimulus Payments
April 28, 2020
Maryland AG Joins Multistate Coalition for Consumer Credit Protection
April 23, 2020
Maryland AG Urges Federal Officials to Help Affected Homeowners
April 17, 2020
Maryland Issues Guidance Concerning Legal Lending Limits for Banks and Credit Unions
April 13, 2020
Maryland Introduces New System to Submit Notices of Intent to Foreclose
April 6, 2020
Maryland Suspends Residential Foreclosures
Maryland Orders Suspension of All Self-Help Repossessions
March 30, 2020
Maryland Authorizes Remote Notarization
March 27, 2020
Maryland Encourages Consumer Creditors to Mitigate Impact of COVID-19 on Borrowers
March 26, 2020
Maryland Joins Coalition of 27 Attorneys General Calling on DOE for Emergency Student Debt Relief
March 24, 2020
Maryland Encourages Mortgage Servicers to Mitigate Impact of COVID-19 on Borrowers
March 19, 2020
Maryland Encourages Financial Institutions to Mitigate Impact of COVID-19 on Consumers
March 18, 2020
Maryland Courts Place New and Pending Foreclosures on Hold
March 13, 2020
Maryland Provides Emergency Preparation Guidance to Mortgage Brokers, Lenders and Servicers
Maryland County Recording Offices Impacted by COVID-19
Michigan
May 1, 2020
Michigan AG Fighting to Protect Michiganders’ Credit During Coronavirus Pandemic
April 29, 2020
Michigan AG Calls on Feds to Help Homeowners Affected by COVID-19
April 16, 2020
Court Order Supports Compliance with Federal Ban on Evictions and Foreclosures
April 14, 2020
Michigan AG and Coalition of Attorneys General Call on CFPB to Protect Consumers’ Credit During COVID-19 Pandemic
April 13, 2020
Michigan Offers Insurer Flexibility Due to COVID-19
Michigan Requiring Auto Insurance Refunds Due to COVID-19
March 18, 2020
Michigan Governor Signs Executive Order Extending Tax Foreclosure Deadline
Minnesota
May 18, 2020
Minnesota Commerce Commissioner Shares Consumer Guide on Mortgage Relief Options
April 30, 2020
Minnesota Commerce Department Encourages Additional Safeguards for Property and Casualty Insurance Customers
April 29, 2020
Minnesota AG Sues to Protect Tenant from Illegal Eviction
April 22, 2020
Minnesota House Division Advances $100 Million in Emergency Housing Assistance
April 17, 2020
Minnesota AG Files Another Lawsuit to Protect Tenants from Forced Removal During COVID-19 Pandemic
April 10, 2020
Minnesota AG Sues Landlord for Illegally Forcing Tenant to Vacate During COVID-19 Pandemic
April 7, 2020
Minnesota AG Wins Halt to Illegal Removal of Tenants During Emergency
April 3, 2020
Minnesota AG Enforces Executive Order Prohibiting Eviction During COVID-19 Pandemic
March 26, 2020
Minnesota Department of Commerce Clarifies that Financial Institutions Are Labeled as Critical
Minnesota House Passes COVID-19 Relief Bill with Student Debt Relief
March 24, 2020
Minnesota AG Announces the State will Enforce Executive Order Suspending Evictions during COVID-19
March 23, 2020
Minnesota Governor Signs Executive Order Suspending All Evictions
Mississippi
Missouri
April 30, 2020
Missouri Governor Highlights Housing Assistance Programs
March 18, 2020
Missouri Governor Announces Access to SBA loans
Montana
May 22, 2020
Montana Governor Announces Montana Unemployment Rate of 11.3% in April
Montana Supreme Court Issues Changes to Residential Eviction Limitations under May 19 Directive
May 15, 2020
Montana AG Announces New Mortgage Payment Deferral Option for Homeowners
April 23, 2020
Montana AG Recommends Actions to Help Homeowners to FHFA and HUD
April 13, 2020
Montana Governor Announces Emergency Rental Assistance Program for Households Experiencing Substantial Financial Hardship
Montana Department of Commerce Business Assistance Recovery Resources
April 10, 2020
Montana Association of Realtors’ COVID-19 Guidance on Home Showings, Evictions, Foreclosures
April 9, 2020
Montana AG Urges Federal Government to Include Small Businesses with Gambling Revenue in CARES Act Relief
April 6, 2020
Montana Governor Coronavirus Issues FAQs
April 1, 2020
Montana Governor Announces Protections to Lessen Financial Hardships on Consumers by Stopping Evictions and Foreclosures
March 24, 2020
Montana Department of Administration Adopts Temporary Emergency Rule Extending Time for Mortgage Servicers to File Quarterly Report
March 20, 2020
Montana Department of Commerce Issues Guidance on Mortgage Servicing
See also Montana Division of Banking and Financial Institutions COVID-19 Financial Resources
Nebraska
March 25, 2020
Nebraska Governor Ricketts’ order postpones evictions for residents impacted by COVID-19
Nevada
May 1, 2020
Nevada Governor Signs Directive to Protect Nevadans from Garnishment of COVID-19 Related Funds
April 14, 2020
Nevada AG Joins 24 Other AGs to Urge Treasury Department to Protect Stimulus Funds from Creditors
April 8, 2020
Nevada Governor Announces Expansion of Social Distancing Emergency Directives, Including Real Estate Open Houses
April 7, 2020
Nevada AG Announces $2 Million in Funding for Emergency Rental Assistance
March 20, 2020
Nevada Department of Business and Industry Financial Institutions Division Finds Collection Agencies to Be Non-Essential
March 17, 2020
Nevada Governor Announces Las Vegas Justice Court Is Suspending All Evictions
New Hampshire
May 1, 2020
New Hampshire Governor Extends Closure of Non-Essential Businesses, Stay-At-Home Order
New Hampshire Governor Announces Modified Stay-at-Home Order in Effect Until May 31
April 20, 2020
New Hampshire Governor Announces Economic Re-Opening Task Force
April 3, 2020
New Hampshire Governor Issues Clarification on Temporary Prohibition on Evictions and Foreclosures Emergency Order
New Hampshire Banking Department: Guidance on Paycheck Protection and Legal Lending Limit
March 31, 2020
New Hampshire Banking Department FAQ’s on Mortgage Foreclosures
March 17, 2020
New Hampshire Department of Health Temporarily Prohibits Evictions and Foreclosures
March 13, 2020
New Hampshire Banking Department Letter to Licensed Financial Service Institutions
New Hampshire Banking Department Letter to Chartered Banks, Credit Unions, Trust Companies
See also New Hampshire Banking Department FAQs on Mortgage Foreclosures during COVID-19
New Jersey
April 21, 2020
New Jersey Announces Expansion of Payment Relief for Student Loan Borrowers
March 20, 2020
New Jersey Banking Division Encourages Industry to Assist Affected Consumers
March 19, 2020
New Jersey DBI Announces No-Action Position Regarding Mortgage Lenders Temporarily Working Remotely
New Mexico
April 6, 2020
New Mexico Announces Licensed Small Loan Companies Are Not Essential Businesses
March 26, 2020
New Mexico Encourages Business to Donate to New Statewide Fund in Response to COVID-19
March 24, 2020
New Mexico Announces Eviction Moratorium
New York
June 17, 2020
New York Offers Free Credit Reports to Impacted Consumers
June 12, 2020
New York Extends Affected Mortgage Servicers’ Obligation to Provide Periodic Statements Pursuant to State Law
April 24, 2020
New York Urges 35 Mortgage Servicers to Provide Substantial COVID-19 Relief for Homeowners
April 17, 2020
New York Issues Renewed Guidance Suspending State Debt Collection
April 16, 2020
New York DFS Announces Temporary Regulatory Relief for Financial Institutions
April 13, 2020
New York DFS Issues Cybersecurity Guidance
April 8, 2020
New York DFS Criticizes OCC Proposal to Revise CRA
April 7, 2020
New York DFS Obtains Relief for 300,000 NY Student Loan Borrowers, Including COVID-19-Specific Relief
New York Issues Guidance to Student Loan Servicers Regarding Affected Borrower Support
April 5, 2020
New York Issues Community Development Financial Institution Guidance
March 30, 2020
New York Mandates Deferrals of Insurance Premium Payments
March 26, 2020
New York Joins Coalition of 27 Attorneys General Calling on DOE for Emergency Student Debt Relief
March 24, 2020
New York Requires 90-Day Mortgage Forbearance for COVID-19 Hardship
March 20, 2020
New York Halts Foreclosures and Evictions for 90 Days
March 19, 2020
New York Urges Financial Institutions to Take “Reasonable and Prudent Actions” to Assist Consumers Affected by COVID-19
New York Urges Mortgage Servicers to Take Assist Borrowers Affected by COVID-19
March 17, 2020
New York Temporarily Suspends State Debt Collection
March 12, 2020
New York DFS Grants Temporary Relief to Financial Institutions Affected by COVID-19
March 10, 2020
New York Issues Emergency Preparedness Guidance to Financial Institutions
New York Urges Banks, Credit Unions, and Lenders to Assist Affected Small Businesses
New York Issues Guidance Regarding Potential Financial Risks to Financial Institutions
New York Issues Guidance Regarding Virtual Currency
North Carolina
May 30, 2020
North Carolina Implements a Moratorium on Evictions
May 7, 2020
North Carolina AG Joins 23 State AGs Urging Congress to Strengthen Paycheck Protection Program (PPP)
May 6, 2020
North Carolina AG Shares COVID-Related Student Lending Resources
May 4, 2020
North Carolina Passes COVID-19 Bill that Includes $125 Million in Small Business Loans
April 28, 2020
North Carolina AG Joins Coalition of 22 State AGs Outlining Commitment to Enforce Consumer Credit Protections During COVID-19 Crisis
April 23, 2020
North Carolina AG Joins Coalition of 35 State AGs Urging FHFA and HUD to Take Additional Steps to Protect Homeowners
April 20, 2020
North Carolina AG Issues Statement Urging Debt Collectors not to Garnish COVID-19 Recovery Checks
April 13, 2020
North Carolina Joins Coalition of State AGs Urging the CFPB to Enforce FCRA Amendment
March 26, 2020
North Carolina Suspends Collection Efforts of State Debts
March 13, 2020
North Carolina Postpones Non-Essential Court Proceedings Including Evictions and Foreclosures
North Dakota
March 26, 2020
North Dakota Supreme Court halts eviction proceedings in response to Coronavirus
March 24, 2020
North Dakota Announces Student Loan Debt Relief
See North Dakota Resources for Businesses and Employers
See North Dakota COVID-19 FAQs
Ohio
April 23, 2020
Ohio AG, Other AGs Recommend Help for Homeowners Affected by COVID-19 Pandemic
April 21, 2020
COVID-19 Update: FDA Reagent Approval, Testing Strike Team, Fair Wavier, JobsOhio Banking Partnership, Dividend Checks
April 13, 2020
Ohio AG Warns Debt Collectors: Stimulus Checks Protected by Ohio Law
March 22, 2020
Ohio State Legislature Introduces Eviction and Foreclosure Moratorium Bill
March 19, 2020
Ohio Chief Justice Urges Local Courts To Put Evictions On Hold
Oklahoma
May 13, 2020
Oklahoma Governor Vetoes Legislature’s Proposed FY2021 Budget
May 1, 2020
Oklahoma Supreme Court Issues Order Regarding Temporary Pleading Requirement for Residential Evictions
April 13, 2020
Oklahoma Employment Security Commission Employer FAQs on Unemployment Insurance and COVID-19
April 6, 2020
Oklahoma Housing Finance Agency Announces Resumption of Down Payment Assistance Programs and Housing Choice Voucher Program
March 27, 2020
Oklahoma AG’s Consumer Protection Unit to Work with US AG to Combat Consumer Fraud
See also Oklahoma Banking Department FAQ from Financial Institutions Affected by COVID-19
Oregon
April 24, 2020
Oregon Governor Statement on Coronavirus Relief Fund Guidelines
Oregon Department of Consumer and Business Services Extends Emergency Order for Insurance Deadlines
April 17, 2020
Oregon Governor Issues Order Exempting CARES Act Funds from Garnishment
April 1, 2020
Oregon Governor Brown Issues 90-day Commercial Eviction Moratorium
March 25, 2020
Oregon Department of Consumer and Business Services Orders Insurance Companies to Extend Deadlines
March 22, 2020
Oregon Governor Issues Executive Order Placing Moratorium on Residential Evictions for 90 Days
Pennsylvania
March 18, 2020
Pennsylvania Supreme Court declares judicial emergency, suspends evictions
Rhode Island
March 19, 2020
Rhode Island Governor Suspends Eviction Processing During Crisis
South Carolina
May 12, 2020
South Carolina Supreme Court Certification of Compliance with CARES Act for Foreclosures
May 1, 2020
South Carolina Governor to Lift Work-or-Home Order May 4
April 30, 2020
South Carolina Supreme Court Orders All Currently Scheduled Evictions to Resume May 15
April 20, 2020
South Carolina Governor Announces Creation of Coordinated Economic Revitalization Plan: accelerateSC
April 15, 2020
South Carolina Department of Commerce Small Business Resources
April 13, 2020
South Carolina Department of Consumer Affairs Guidance on COVID-19 Student Loan Relief
South Carolina Department of Consumer Affairs Guidance on COVID-19 Mortgage Relief Options
April 9, 2020
South Carolina Department of Consumer Affairs Guidance on Mortgage Relief Options
South Carolina Department of Consumer Affairs Guidance on Reservation Refunds
South Carolina Department of Consumer Affairs Guidance on Student Loan Relief
March 31, 2020
South Carolina Judicial Branch Establishes Website for Coronavirus-Related Updates
March 23, 2020
South Carolina Department of Consumer Affairs Modified Deadlines for Mortgage Log Filing, Credit Counseling Annual Report
March 20, 2020
South Carolina Supreme Court Issues Order Temporarily Prohibiting Evictions and Foreclosures
South Dakota
March 24, 2020
SD Bankers Association Message to Member Banks Regarding COVID-19 Developments
March 26, 2020
South Dakota Bankers Association Announce Member COVID-19 Conference Call to Take Place on Friday March 27
March 12, 2020
South Dakota Division of Banking Issues Pandemic Planning Memo to State Chartered Banks
Tennessee
March 26, 2020
Tennessee Courts Halt Evictions Through April 30, 2020
March 17, 2020
Pandemic Planning for State Banks, Credit Unions, and Public Trust Companies
March 17, 2020
Deputies won’t serve eviction notices in Nashville until further notice
Texas
March 30, 2020
Texas Issues Business Continuity Guidance to Banks
March 20, 2020
Texas Permits Licensed Mortgage Loan Originators Working Remotely
March 16, 2020
Texas Advises Financial Institutions to Help Impacted Borrowers Repay Debts
March 13, 2020
Texas Issues Temporary No-Action Guidance Regarding Certain Licensed Activity at Unlicensed Locations
Utah
April 3, 2020
Utah AG Urges the VA to Suspend Deadline & Collection Activities for Veterans During COVID-19 Pandemic
April 1, 2020
Utah Governor Issues Executive Order Temporarily Banning Residential Evictions
Virginia
April 28, 2020
Virginia AG Fights to Protect Consumer Credit During COVID-19
April 23, 2020
Virginia AG Calls on Trump Administration to Further Help Homeowners Affected by Covid-19
April 22, 2020
Virginia General Assembly Approves Accelerated Effective Date for Consumer Lending Reforms
April 13, 2020
Virginia AG Calls on CFPB to Protect Consumers’ Credit During COVID-19 Pandemic
March 26, 2020
Virginia AG Fights for Emergency Relief for Federal Student Loan Borrowers in Response to Coronavirus Pandemic
March 17, 2020
Virginia Supreme Court Issues Temporary Eviction Moratorium
Vermont
April 21, 2020
Vermont AG Issues Directive Protecting Stimulus Checks from Debt Collection and Urging Banking Community to Suspend Collection Activity
April 14, 2020
Vermont Agency of Commerce and Community Development Establishes Economic Mitigation and Recovery Task Force
April 10, 2020
Vermont Department of Financial Regulation Issues Clarifications on Paycheck Protection Program Loans
Vermont Senate Passes Moratorium on Evictions and Foreclosures During COVID-19 Emergency
April 7, 2020
Vermont DFR Approves Allstate’s Plan to Refund Auto Insurance Premiums During Stay-at-Home Stay-Safe Order
March 26, 2020
Vermont Department of Financial Regulation Encourages Financial Institutions to Promote Remote Transactions
March 16, 2020
Vermont Department of Financial Regulation Urges Vermont Financial Institutions to Work with Customers Affected by COVID-19
Washington
April 29, 2020
Washington’s DFI Releases Spring 2020 Update
April 16, 2020
Washington Governor Expands Eviction Moratorium
Washington’s DFI Recommends Liquidity Support for Mortgage Servicers
April 7, 2020
Washington Governor Announces Additional Small Business Assistance
March 31, 2020
Washington Governor and DFI announce mortgage payment assistance
March 20, 2020
Washington’s DFI urging mortgage servicers to help homeowners
March 14, 2020
Seattle Issues Temporary Eviction Moratorium
Wisconsin
March 27, 2020
Wisconsin Governor Issues Temporary Ban on Evictions and Foreclosures
West Virginia
March 13, 2020
West Virginia Division of Financial Institutions Temporary Work-From-Home Guidance
Wyoming
April 1, 2020
Wyoming State Banking Commission Issues Statement: Wyoming Banks Remain Strong
FINANCIAL INSTITUTIONS
American Express
See American Express COVID-19 Support and Financial Hardship pages.
Bank of America
March 19, 2020
BANA Offers Assistance to Consumer and Small Business Clients Impacted by COVID-19
March 17, 2020
BANA Commits $100 Million to Communities Impacted by COVID-19
BNY Melon
March 27, 2020
BNY Mellon Message re COVID-19 – Your Steadfast Partner Amid Unprecedented Disruption
March 23, 2020
BNY Mellon Message re COVID-19 – Leading Through Adversity
March 13, 2020
BNY Mellon Message to Clients re COVID-19
March 8, 2020
BNY Mellon Company News re COVID-19: Support Through COVID-19
Capital One
See Capital One: Assistance for Customers Impacted by the COVID-19 Virus Situation
Citibank/Citigroup
April 20, 2020
Citi’s COVID-19 Community Relief Efforts Reach Over $65 Million Globally
March 15, 2020
Citi Joins Major U.S. Banks in Suspending Stock Repurchases to Support Clients Through COVID-19
March 6, 2020
Citi Assists U.S. Customers and Small Businesses Impacted by COVID-19
Discover
May 7, 2020
Discover: Survey Finds Americans Worried About Retirement and “Rainy Day” Funds
April 3, 2020
BPI: Discover Spokesperson on Company’s COVID-19 Response
See Discover COVID-19 Response
See Discover CARES Act Overview
Goldman Sachs
April 7, 2020
David Solomon, Top Financial Services Executives, Participate in White House Conference on Small Businesses
April 3, 2020
Goldman Sachs Extends Waiver for Apple Card Payments And Interest Through April for Those Affected by COVID-19
April 2, 2020
Goldman Sachs Commits $300 Million to Support Communities and Small Business
March 16, 2020
Goldman Sachs to Let Customers Defer Apple Card, Marcus Payments
See Goldman Sachs COVID-19 Updates
JPMorgan Chase
March 23, 2020
Chase COVID-19 Update
March 18, 2020
JPMorgan Makes $50M Investment to Help Address COVID-19 Impact
March 12, 2020
Measures JPMorgan Is Taking Amidst COVID-19
MasterCard
March 30, 2020
Mastercard-sponsored Therapeutics Accelerator Awards $20 Million Grants for Covid-19 Research
March 10, 2020
Gates Foundation, Wellcome, and MasterCard Commit $125 Million to Assist in Response to COVID-19
See Mastercard COVID-19 Information for Customers
Morgan Stanley
See Morgan Stanley Perspectives on Coronavirus – Economic Risk and Response
April 6, 2020
Morgan Stanley Announces Grant to the Child Mind Institute to Support Children’s Mental Health During the COVID-19 Crisis
March 19, 2020
Morgan Stanley Announces $10M Commitment to Support COVID-19 Relief Efforts
Navient
April 24, 2020
Navient Statement on Supporting Federal and Private Student Loan Borrowers Nationwide During COVID-19 Pandemic
April 2, 2020
Navient Announces FFELP and Private Education Refinance Loan Facility Expansions
March 20, 2020
Navient Announces Programs Including Option to Postpone Payments
See also Navient Updates on COVID-19 and Your Student Loans
PNC Bank
March 25, 2020
COVID-19 Update (including hardship assistance measures)
State Street
April 14, 2020
State Street to Provide Central Banks with PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
March 25, 2020
Global Investor Confidence Decreased in March by 4.0 Points to 74.5 Due to Covid-19
See State Street COVID-19 Resource Center
TD Bank
March 25, 2020
COVID-19 Update (including branch closings)
US Bank/US Bancorp
June 18, 2020
U.S. Bank Instant Card provides a solution for companies with remote employees needing to make purchases
June 12, 2020
U.S. Bank accepting Paycheck Protection Program applications from customers and non-customers through June 19
May 7, 2020
USBCDC finances $50 million in capital to CDFIs to help small businesses impacted by COVID-19
May 5, 2020
More than 75,000 small businesses secure Paycheck Protection Program loans through U.S. Bank
April 13, 2020
U.S. Bank transforms and expedites annual Market Impact Fund to help local nonprofits respond to immediate COVID-19 needs
April 9, 2020
US Bank Update on SBA Paycheck Protection Program
April 8, 2020
A Message from US Bank Chairman, President and CEO Andy Cecere
April 3, 2020
Statement on SBA Paycheck Protection Program
March 31, 2020
US Bank Offers to Suspend Mortgage Payments for 180 Days
March 28, 2020
US Bank and others offer mortgage-payment forbearances of up to 90 days for New Jersey homeowners
March 26, 2020
Four Big Banks Have Agreed to 90-Day Grace Period for Mortgage Payments for Californians
March 23, 2020
US Bank announces 20% Premium Pay Program for Employees and $30M Commitment to Support Individual and Small Business Recovery
March 14, 2020
US Bank COVID-19 Information
Wells Fargo
May 14, 2020
Wells Fargo Announces Efforts to Keep People Housed in Response to COVID-19
April 16, 2020
Statement from Wells Fargo on the Paycheck Protection Program
April 5, 2020
Wells Fargo Receives Strong Interest in the Paycheck Protection Program (PPP)
March 20, 2020
Wells Fargo Announces Aid for Customers and Communities Impacted by COVID-19
Visa
April 23, 2020
Managing Disputes Through COVID-19: Government Prohibition and Dispute Processing Guidelines
April 14, 2020
Visa Guidance and Information on Programs and Support for Managing Disputes through COVID-19
Visa Frequently Asked Questions for Managing Disputes through COVID-19
April 10, 2020
Visa’s 2020 Visa Everywhere Challenge Asks: How Would Your Startup Help Small Businesses Recover from COVID-19?
April 7, 2020
Visa Back to Business Database: COVID-19 Business Locator
Visa: Overview on Merchant Options for Reducing Cardholder Interaction During COVID-19
April 6, 2020
Visa COVID-19 Response Webpage
March 27, 2020
Visa: Managing Disputes Through COVID-19: Programs, Best Practices and FAQs to Help Clients
March 26, 2020
Visa Operational Business Response to COVID-19
March 24, 2020
Visa Infographic: How to Spot Phishing Scams During COVID-19
March 22, 2020
Visa Voices Support for Raising Contactless Payments Limits in Europe
February 19, 2020
Visa: 2020 U.S. Economic Forecast and Coronavirus
TRADE ASSOCIATIONS
American Bankers Association (ABA)
June 18, 2020
Powell: COVID-19 Affecting Availability of Coins for Banks
June 17, 2020
FHFA Extends Foreclosure, Eviction Moratorium for GSE-Backed Mortgages
SBA Streamlines PPP Forgiveness Application for Many PPP Borrowers
June 16 ,2020
Powell: Main Street Lending Facility to Open ‘Within a Week or So’
June 12, 2020
ABA Data Bank: 7 in 10 Small Businesses Nationally Have Received PPP Loans
May 29, 2020
House Republicans Call for Streamlined PPP Forgiveness Application
May 28, 2020
House Advances Bill Providing Flexibility for PPP Borrowers
May 27, 2020
OCC Rule Clarifies Virtual Meeting Options for National Banks, Federal Thrifts
May 26, 2020
ABA Joins Consumer, Banking Groups in Support for Bill to Prevent Garnishment of Economic Impact Payments
May 20, 2020
As Bankers Await Release of PPP Form 1502, SBA Extends Submission Deadline
May 19, 2020
Powell, Mnuchin: MSLP to Be Operational by End of May
Atlanta Fed’s Bostic: Examiners Will Not Second-Guess Banks’ Emergency Actions
May 18, 2020
Powell: Fed Could Further Tweak Main Street Lending Program ‘As We Learn More’
Agencies Allow Temporary SLR Exclusion for Treasury Securities, Reserve Bank Deposits
May 15, 2020
SBA Releases Borrower Application, Instructions for PPP Loan Forgiveness
May 14, 2020
SBA: Lender Review May Be Required for Certain PPP Loans
FHFA Extends Foreclosure, Eviction Moratoriums for GSE-Backed Mortgages
May 13, 2020
GSEs to Offer New Payment Deferral Option for Mortgage Borrowers
CFPB to Offer Flexibility for Creditors Working to Resolve Billing Errors During Pandemic
May 12, 2020
SBA Announces Safe Harbor for PPP Borrowers with Loans for Less than $2M
FDIC Proposes Rule to Facilitate Bank Participation in PPP, Money Market Facilities
McWilliams: Banks Should Rely on Borrower Certifications When Making PPP Loans
May 8, 2020
SBA Codifies Extensions for PPP Safe Harbor, Form 1502 Filing
ABA Data Bank: PPP Loans Reach Nearly Half of all Small Business Establishments in each State
Banking in the Time of Coronavirus
May 7, 2020
ABA Urgently Calls for PPP Loan Forgiveness Guidance
May 6, 2020
Agencies Extend Resolution Plan Deadlines for Certain Firms
CFPB Compliance Aid Clarifies ECOA Notification Obligations for PPP Loans
SBA: Paycheck Protection Program Round Two Lending Tops $181B
May 5, 2020
Agencies Provide Relief for Banks Participating in PPP, Money Market Liquidity Facilities
FHFA to Provide Additional Loan Origination Flexibility
May 3, 2020
SBA: $175 Million in Loans Made in Second Round of PPP Funding
ABA Data Bank: Banks of All Sizes Continue Making PPP Loans in Second Round of Funding
Senators: PPP Borrowers Need Information on Loan Forgiveness
SBA Issues Procedures for PPP Whole Loan Sales
May 1, 2020
ABA, State Associations to Congress: Include ECORA Act in Next Relief Package
April 30, 2020
Fed Expands PPP Liquidity Facility’s Eligible Participants, Collateral
Bipartisan Letter Urges SBA to Reserve Funds for Regular 7(a) Loans
Fed Expands Scope of ‘Main Street’ Program with ABA-Urged Changes
SBA Limits PPP Funds for Corporate Groups to $20 Million
SBA to Audit PPP Loans Above $2 Million
CFPB Announces Relief From TRID, Reg Z Waiting Periods
960,000 PPP Loans Made Through Wednesday Afternoon
April 29, 2020
Fed to Hold Rates Near Zero; ‘Very Close’ to MSLP Term Sheet Release
SBA to Reserve PPP Loan Processing Time Today for Smaller Banks
SBA Clarifies PPP’s 10-Day Disbursement Window, Fee Payments
Bank, Credit Union Groups Call for SBA to Resolve E-Tran Problems
April 28, 2020
Mnuchin: SBA to Review PPP Loans Over $2M
CFPB Asks FCC to Facilitate COVID-19-Related Calls
April 26, 2020
SBA Announces Measures Aimed at Smoothing Operations Ahead of Paycheck Protection Program (PPP) Restart
April 25, 2020
SBA Issues Guidance on Calculating Max PPP Loan Size
April 24, 2020
SBA to Resume Taking PPP Applications on Monday at 10:30 a.m. EDT
ABA, Consumer Group Ask FCC to Provide Immediate Relief to Facilitate COVID-19-Related Calls
New SBA Rule Clarifies PPP Borrower Eligibility
April 23, 2020
FHFA: FHLBs May Purchase PPP Loans as Collateral for Advances
SBA Addresses PPP Applications from Companies with Access to Capital
April 22, 2020
ABA Urges House Leaders to Approve Additional Paycheck Protection Program Funding
OFAC Encourages Banks to Communicate Promptly About COVID-19 Reporting Delays
FHFA to Purchase Qualified Loans in Forbearance
April 21, 2020
Senate Clears $320B in Additional Funding for Paycheck Protection Program
FHFA to Limit Servicers’ Payment Advancement Obligations to MBS Investors Due to Pandemic
ABA Joins Broad Coalition Seeking Clarity on Garnishment of Economic Impact Payments
April 20, 2020
Fed Officials Provide Additional Clarity on Paycheck Protection Program Liquidity Facility
Senators Urge SBA to Allow E-Tran Submissions for PPP Loans During Funding Lapse
April 19, 2020
Nichols: Delaying More PPP Funds Risks ‘Irreparable’ Harm to Small Businesses
SBA: PPP Loan Sales Retain Guaranty, Do Not Require SBA Approval
April 17, 2020
Fed Makes Temporary Rule Change to Facilitate PPP Loans to Bank Directors, Shareholders
SBA Report: 1.66 Million PPP Loans Made As of April 16
April 16, 2020
Crapo Seeks Clarity from Fed, Treasury on Several Coronavirus Relief Initiatives
PPP Funds Exhausted; SBA No Longer Accepting Loan Applications
Fed’s Paycheck Protection Program Facility Is Up and Running
ABA, Groups Call on Congress to Shield Economic Impact Payments from Garnishment
SBA to Stop Accepting PPP Applications Once $349B Limit Reached
April 15, 2020
State Bankers Associations Urge Congress to Increase PPP Funding
FHFA, CFPB Announce Information Sharing to Facilitate COVID-19 Mortgage Relief
April 14, 2020
ABA, Banking Trades Urge Congress to Increase PPP Funding
SBA Report: $248B of PPP Funds Allocated as of April 13
SBA Provides Much-Sought Guidance on PPP Loans for Self-Employed, Independent Contractors
April 13, 2020
SBA, Treasury Clarify Beneficial Ownership Requirements for PPP Loans
CNBC Story Spotlights Banks’ Efforts to Complete PPP Loans
ABA Asks FCC to Provide Immediate Relief to Facilitate COVID-19-Related Calls
Lawmakers Call for Flexibility on PPP’s 10-Day Disbursement Rule
April 12, 2020
ABA Data Bank: Paycheck Protection Program Loans Total $205 Billion
Ginnie Mae Expands Pass-Through Assistance Program to Prevent Liquidity Shortfalls
Nichols to Small Businesses: Reach Out to Your Lender for Coronavirus Assistance
April 11, 2020
SBA, Treasury Provide Guidance on Final Authorization of PPP Loans
April 10, 2020
CFPB Provides Remittance Rule Relief Through 2020
April 9, 2020
Fannie, Freddie Revise Coronavirus Servicing Guidance to Reflect CARES Act Changes
Fed Unveils $2.3 Trillion More in Lending Capacity, Details ‘Main Street’ Program
April 8, 2020
Fed to Create Lending Facility for PPP; Agencies Provide Regulatory Capital Relief
Latest SBA Guidance Clarifies PPP Funding Period, Use of Promissory Notes
Industry Groups Call for CDFI Funding in Next Stimulus Package
April 7, 2020
SBA Unveils New Lender Gateway to Facilitate PPP Loans
Agencies Update Guidance on COVID-19 Loan Modifications
Congress Moving to Allocate More Funds for PPP Loans
April 6, 2020
Regulators Offer Flexibility to Servicers Offering Mortgage Forbearance Options
April 4, 2020
Key SBA Form, Plus New ABA Resources on Paycheck Protection Program, Now Available
April 2, 2020
SBA Increases Rate, Clarifies Terms on Paycheck Protection Program Loans
FHA Announces COVID-19 Relief for Borrowers
April 1, 2020
CFPB Policy Statement Addresses Reporting of Consumer Credit Data During Pandemic
March 30, 2020
Student Debt Repayment Benefits Tax-Free Under CARES Act
March 27, 2020
Agencies Approve Early Adoption of SA-CCR, Delay of CECL Capital Phase-In
March 26, 2020
CFPB to Postpone Certain Data Collections Due to Coronavirus
Agencies Encourage Banks to Engage in Responsible Small-Dollar Lending
March 25, 2020
ABA Urges SBA to Provide Guidance to Banks on Coronavirus Relief
March 25, 2020
GSEs Announce Payment Deferral Option for Borrowers Exiting Forbearance
March 23, 2020
Coronavirus Response: Common Practices for Community Banks
March 22, 2020
ABA Emphasizes Promoting Loan Growth, Protecting Borrowers in Coronavirus Relief Bill
March 19, 2020
ABA Releases New Coronavirus Resources for Banks
FDIC Issues Coronavirus-Related FAQs for Banks, Consumers
March 17, 2020
Banking Associations’ Letter to Senate on COVID-19 Response
American Financial Services Association (AFSA)
May 14, 2020
AFSA Efforts on Next COVID-19 Relief Package
April 24, 2020
AFSA Advocates for Expansion of SBA PPP Increases
April 22, 2020
AFSA Submits Comments to Massachusetts on Emergency Financial Hardship Legislation Urging Limitation to Situations Caused by COVID-19
April 9, 2020
AFSA Submits Comment Letter to SBA Asking that Paycheck Protection Program Permit Vehicle-Finance Lenders to Make PPP Loans
GM Financial Offers Resources to Help Consumers, Communities
April 6, 2020
AFSA Announces TD Offering Consumer Assistance and SBA and CARES Loans to Businesses
April 2, 2020
AFSA Announces Toyota Financial Services Offering Consumer Relief
April 1, 2020
AFSA Supports Fed Steps to Keep Credit Flowing
Citi Providing a Variety of Relief to Consumers
March 30, 2020
Truist Pledges $25 Million, Relief Services to Support Communities
March 25, 2020
Wells Fargo Provides Aid for Communities & Consumers
March 21, 2020
Ally Introduces Relief Package for Consumers & Communities
March 18, 2020
AFSA Member Companies Stand with Their Communities in Time of Need
Bank Policy Institution (BPI)
May 27, 2020
BPI: What Next for Capital Requirements? An Unprecedented But Not Impossible Challenge
BPI: Operational Risk and the Federal Reserve’s Stress Test: Time for a Reality Check?
BPI: Would a Serious Second Wave of COVID-19 Require Banks to Reduce Their Dividends?
May 26, 2020
BPI: Financial Times: A Ban on US Banks Issuing Dividends Would Be Bad Policy
May 22, 2020
BPI: Banks Receive ‘Go Ahead’ to Meet Consumer Small-Dollar Lending Needs
May 15, 2020
BPI: Some Thoughts on the Bank Regulatory Picture: Dividends, CECL, Buffers and the Rest
May 14, 2020
Bank Policy Institute: The Paycheck Protection Programs: Will Facts Overcome Myth?
May 4, 2020
Bank Policy Institute: A New Path to Offering Small-Dollar Loans
May 2, 2020
May 2020 Newsletter: Relief Arrives for Small Businesses as SBA Overcomes Challenges to Clear Loan Backlog
April 25, 2020
Bank Policy Institute: April 25, 2020 COVID-19 Newsletter
April 21, 2020
Consumer, Banking Groups to Congress: Exempt Economic Impact Payments From Garnishment
April 15, 2020
Bank Policy Institute Asks Congress to Clarify Treatment of Stimulus Payments as Benefits Subject to Federal Exemption from Garnishment
April 14, 2020
Bank Policy Institute Urges Congress to Increase Paycheck Protection Program Funding
April 11, 2020
Bank Policy Institute: April 11, 2020 Newsletter
March 17, 2020
Banking Associations’ Letter to Senate on COVID-19 Response
March 12, 2020
Foreign Central Banks Respond to COVID-19
March 1, 2020
Actions the Fed Could Take in Response to COVID-19
See also BPI Member COVID-19 Resources
Consumer Bankers Association (CBA)
April 16, 2020
CBA Statement on Depletion of PPP Funds
April 14, 2020
CBA: Additional PPP Funds Needed for Small Businesses
March 30, 2020
Banks Working with Customers During Pandemic
March 26, 2020
CBA: Consumers Need Small-Dollar Loans, Banks Need Clarity on Rules
CBA analysis on the COVID-19 stimulus package
March 23, 2020
Coronavirus Resources for Banks
March 19, 2020
CBA Convid-19 CRA Consideration
March 17, 2020
Banking Associations’ Letter to Senate on COVID-19 Response
Independent Community Bankers of America (ICBA)
See ICBA Crisis Response & Preparedness
March 17, 2020
Banking Associations’ Letter to Senate on COVID-19 Response
Mortgage Bankers Association (MBA)
National Association of Mortgage Brokers (NAMB)
May 5, 2020
NAMB Develops Campaign to Support Financial Burden of Mortgage Brokers Due to COVID-19
March 25, 2020
NAMB Coronavirus Resources for Small Businesses