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Tag: mortgage forbearance

You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months

February 12, 2021
| No Comments
| Mortgage, Mortgage News

Some good news for homeowners struggling to make ends meet thanks to COVID-19, which as the name implies has been going on for a while now. The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, has just announced an extension to the COVID forbearance period, which was previously capped at 360 [&hellip

The post You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months first appeared on The Truth About Mortgage.

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Mortgage Deferment and Mortgage Forbearance—Is There a Difference?

February 1, 2021
| No Comments
| Airlines, Home Design

Many homeowners now need mortgage relief. Two strategies that some borrowers are eager to invoke are mortgage deferment and mortgage forbearance.

The post Mortgage Deferment and Mortgage Forbearance—Is There a Difference? appeared first on Real Estate News & Insights | realtor.com®.

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Are You a Homeowner Seeking Forbearance on Your Mortgage? Watch Out for These Red Flags

January 9, 2021
| No Comments
| Airlines, Home Design

monkeybusinessimages/Getty ImagesHomeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or reduced income because of the coronanvirus pandemic. But

The post Are You a Homeowner Seeking Forbearance on Your Mortgage? Watch Out for These Red Flags appeared first on Real Estate News & Insights | realtor.com®.

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