Covid-19 and Forbearance

What You Need to Know Borrowers should be aware that Forbearance is not forgiveness of debt. ​ Section 4022 of the Cares Act explains how lenders are to handle Borrower’s missed mortgage payments due to Covid-19. It is somewhat vague, and leaves quite a bit of gray area. First and foremost, be aware that if youContinue reading “Covid-19 and Forbearance”