SUPERVISORY GUIDANCE:
BANKING
- Conference of State Bank Supervisors
- March 19 2020: Frequently Asked Questions for Financial Institutions Affected by COVID-19 (Issued by FDIC)
- March 16 2020: Statement on Use of the Discount Window – Federal Banking Agencies encourage depository institutions to use the discount window to meet demands for credit from households and businesses.
- Guidance for Financial Institutions Regarding COVID-19
- FDIC FAQs on the PPP – August 31, 2020
- Pandemic Memo to CEO's for MS State Chartered Banks
- Interim Guidance MS Bank CEO's - Banking Hours and Services
NON-BANKING
- Rescinded - Interim Guidance on Industry Pandemic and DBCF Response
- Interim Guidance to MS MLO's
- Pandemic Memo to Credit Union Managers
- Pandemic Memo to MS Licensees
- Pandemic Memo to MS Mortgage Licensees
- Rescinding Interim Regulatory Guidance - Banking
- Rescinding Interim Regulatory Guidance - Credit Unions
- Rescinding Interim Regulatory Guidance - Mortgage
RESOURCES:
NATIONWIDE MORTGAGE LICENSING SYSTEM (NMLS)
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)
CENTER FOR DISEASE CONTROL (CDC)
- Center for Disease Control (CDC)
- Coronavirus Information
- Specific-groups / High-risk-complications
- Symptoms-testing / Symptoms
- If you are sick / Steps when sick
- Prepare / Prevention
CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)
CFPB Issues Rules to Help Protect Mortgage Borrowers as Federal Foreclosure Protections Expire:
The Consumer Financial Protection Bureau (CFPB) has finalized amendments to the federal mortgage servicing regulations to reinforce the ongoing economic recovery as the federal foreclosure moratoria are phased out. The new rules are designed to help protect mortgage borrowers from unwelcome surprises as they exit forbearance. The amendments will support the housing market’s smooth and orderly transition to post-pandemic operation. The rules establish temporary special safeguards to help ensure that borrowers have time before foreclosure to explore their options, including loan modifications and selling their homes. The rules cover loans on principal residences, generally exclude small servicers, and will take effect on August 31, 2021.
- https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-rules-to-facilitate-smooth-transition-as-federal-foreclosure-protections-expire/
- Protecting your finances during the Coronavirus Pandemic
US DEPARTMENT OF STATE - BUREAU OF CONSULAR AFFAIRS (TRAVEL.STATE.GOV)
FEDERAL HOUSING FINANCE AGENCY (FHFA)
FOR THE CONSUMER
Alert to Homeowners and Renters: The protections on payments and evictions that were put in place during the pandemic will be coming to an end. The mortgage foreclosure moratorium is scheduled to come to an end on July 31, 2021. The federal eviction moratorium has been extended through October 3, 2021 for those areas of the country with high or substantial transmission of COVID-19. But there are measures in place to help you, including a new online tool released by the Consumer Financial Protection Bureau (CFPB): the Rental Assistance Finder. It is designed to help consumers easily find and apply for assistance. The tool also provides help for mom-and-pop landlords.
Rental Assistance for Mississippians Program (RAMP): Mississippi Home Corporation (MHC) administers the Rental Assistance for Mississippians Program (RAMP). This program provides rental assistance to eligible Mississippians in need. MHC has partnered with MUTEH, Inc., Central MS Continuum of Care, and the Open Doors Homeless Coalition to administer the current $8 million program for the State of Mississippi to carry out Emergency Solutions Grant activities authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). RAMP offers homeless prevention services such as short-term rental assistance, rental arrears, and housing stability case management to eligible individuals and families. The Emergency Solutions Grant COVID-19 (ESG-COVID) program created by the CARES Act funds is designed to prevent and respond to the coronavirus pandemic (COVID-19). Individuals and families who have been laid off or have current income under 50% of area median income (AMI) and individuals who are homeless or receiving homeless assistance are eligible to receive funds.