May 5, 2020
Forbearance is a special agreement between a mortgage lender and the borrower to delay foreclosure. One of the byproducts of the Federal response to the pandemic […]
I don't need to paint a picture of how dangerous this can be and will affect, greatly for sure, the mortgage market in the coming months. The question remains, what happens when forbearance ends and no qualified buyers will be flooding the market for refinances, sales, or foreclosures? There are approximately 4.2 million loans in forbearance through the end of June.