Tag Archives for " forbearance "
When do the CARES Act protections end?The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) was enacted in March 2020 and contains provisions to help borrowers with federally backed mortgage loans get through pandemic related financial challenges. But 9 months and many extensions later, the various federal agencies are taking a piecemeal approach to […]Continue reading
Mortgage Forbearances are coming to an end.Millions of home owners opted to take a few months off their mortgage during the shutdowns, but now it’s time to start making the payments again, and in some cases pay it all back!YOUR OPTIONS FOR MOVING ON AFTER FORBEARANCE: Pay the back due amount and resume normal payments. […]Continue reading