Understanding Temporary Payment Relief and How It Works Mortgage forbearance is a temporary agreement between a homeowner and a mortgage lender or servicer that allows payments to be paused, reduced, or adjusted for a defined period of time. The purpose…
What to Expect When Asking Your Lender for Temporary Relief Homeowners often understand what mortgage forbearance is, but the more pressing question tends to be:Can I receive mortgage forbearance based on my specific situation…and should I? This guide focuses less…
What Homeowners Should Know Before Considering a Short Sale In recent months, more homeowners have been asking a question that many people have not heard in quite some time: What is a short sale? That question alone tells us something…