Video Discription |
What Is a Mortgage Forbearance: What You Need to Know - Forbearance mortgage & Loan Forbearance
In the video I mention a few articles as well as the Consumer Finance protection bureaus Guidance.
https://www.consumerfinance.gov/about-us/blog/guide-coronavirus-mortgage-relief-options/
https://www.forbes.com/sites/dimawilliams/2020/04/27/no-you-do-not-have-to-pay-a-lump-sum-at-the-end-of-mortgage-forbearance/#427d55b94d38
UPDATE!! Since this video was filmed Fannie Mae and Freddie Mac have come out with the following
https://www.housingwire.com/articles/fannie-mae-freddie-mac-will-allow-borrowers-who-took-forbearance-to-refinance-their-mortgage/
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Jennifer Beeston, SVP Mortgage Lending, Guaranteed Rate Mortgage
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Mortgage Rates/Refinancing: https://www.youtube.com/watch?v=GUOnvGJv7D0&list=PLj_WNhYgLtBcqbRzmY2lce5M_0tAbPWWf
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