Tag: mortgage forbearance

CARES Act: What is Mortgage Forbearance and What Do I Need to Know About It?
In 2020, as a result of the coronavirus, the US government introduced the CARES Act for federally backed mortgages. The CARES Act is a mortgage forbearance program that allows homeowners to pause their loan payments for up to 360 days during the pandemic.
Losing Your Job Because of COVID-19? If You Have Equity in Your Home, Don’t Let the Bank Foreclose
If your company initiates layoffs because of the COVID-19 pandemic, you have options. If you lose your job because of COVID-19 The first thing you should know is that President Trump recently enacted the CARES act which rewards federally-backed mortgage lenders who offer no-fault assistance to homeowners who lose their income as a result of […]
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