Categories for Forebearance

The Real Estate Deep Dive (07/21/21) – Forecast 2nd Half 2021

Join us as we take a look at what is forecasted for the residential real estate market for the 2nd half of 2021. (Topics covered: Interest rate, home price appreciation, home inventory, new builds, forbearance, and foreclosures) ...

It’s Not Too Late To Apply For Forbearance

Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once again, some of these plans and the corresponding mortgage payment deferral options will expire soon. That said, there’s still time ...

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. ...