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Seniors – Prepare Now for an Emergency When a disaster strikes, the senior population is one of the most vulnerable, especially for those who live alone. There are measures older Americans can take to start preparing for emergencies before they happen. For example, if it is difficult to get around on your own or you need assistance to shelter at home or evacuate, you need to know ahead of time who will help. Older adults face many more obstacles during an emergency than most people: isolation, limited mobility, medical needs, and distrust. Sometimes, seniors rely on a single relative as ...

REGULATORY DEVELOPMENTS CFPB Warns Mortgage Servicers to Prepare Now for Anticipated Surge of Homeowners Needing Assistance On March 31, the CFPB issued Compliance Bulletin 2021-02, promising accountability for servicers who fail to put struggling families first and asking them to prepare now to deal with the foreseeable surge of borrowers in need of loss mitigation assistance when the pandemic-related federal emergency mortgage protections expire in June. The CFPB communicated that it will be monitoring how mortgage servicers engage with borrowers, respond to borrower requests, and process a...

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