Tag: forbearance

Startup Distributes $150,000 In Emergency Grants From Acumen Fund To Homeowners

The EarnUp team EarnUp Some 35% of Americans report missing a mortgage payment due to the...

65% Of Mortgage Borrowers Are Confident About Paying In June But Uncertainty Remains

While more than a half of Americans expressed high confidence in their ability to pay their mortgage ... ...

Don’t Confuse Mortgage Forbearance With Forgiveness

Be sure to understand the implication of mortgage forbearance Getty I have heard disturbing reports that...

70% Of Homeowners Seeking Mortgage Relief Don’t Actually Need The Help

According to a new study, most homeowners seeking mortgage forbearance don't actually need the help. Getty ...

Fannie, Freddie Announce Mortgage Deferral Program For Homeowners Impacted By COVID-19

Fannie Mae and Freddie Mac have announced additional relief options for homeowners struggling due to ... the COVID-19...

Record Unemployment Drives Spike In Forbearance Requests

The U.S. economy lost 20.5 million jobs in April, and the unemployment rate soared to 14.7%. Getty...

Before You Request Mortgage Forbearance, Here Is What You Should Know About Its Effects On Your Credit Score, Future Home Loans And Other Options

Getty Roughly 7.5% of home loans were in forbearance as of April 26, according to the latest tracking...

No, You Do Not Have To Pay A Lump Sum At The End Of Mortgage Forbearance

Getty Since the CARES Act instituted mortgage forbearance for borrowers of government-secured home loans, misinformation and malpractices have...

Renters In Crisis: Housing Experts Say Canceling Rent Isn’t The Best Answer

Housing experts say a national rent relief effort is required to help deal with the aftershocks of ... ...

Mortgage Payments Interrupted By COVID-19? The Federal And State Response

Getty Last update: April 20, 2020 As the coronavirus pandemic continues to roll across the U.S., keeping many...

Proposals: Free Rent And $2,000 Monthly Stimulus Checks

Getty Getty Who’s ready for another stimulus check? Here’s what you need to know. Stimulus Checks...

Nearly 4% Of All Mortgage Loans Now In Forbearance

More and more homeowners are requesting forbearance on their mortgage loans amid the COVID-19 ... pandemic. ...

Mortgage Relief Requests Skyrocket As Homeowners Feel The Burn Of COVID-19

Requests for forbearance and other mortgage relief options have skyrocketed in recent weeks, as ... homeowners deal with...

Borrowers Seeking Mortgage Forbearance Hit Ambiguity, Snafus

Getty Frustration seeps through long threads on social media channels populated with mortgage borrowers unnerved by their inability...

Here’s Why Bank Of America, Ally Mortgage Holders May Not See Promised COVID-19 Relief

Many banks are offering mortgage relief options during the COVID-19 outbreak, but because of how the ... mortgage...

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