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Facts about Forbearance

Posted by GO Mortgage Team on 4/10/20 1:54 PM

Mortgage forbearance is one of several options being offered to help Americans suffering as a result of pandemic control measures. Forbearance is a special agreement between the lender and the borrower to delay a foreclosure. The literal meaning of forbearance is “holding back.”

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Topics: financial services, mortgage payments, mortgage planning, forbearance

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