Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, during a period of financial hardship. If you’re unable to resume payments when forbearance ends, you may ...

Roughly 7.5% of home loans were in forbearance as of April 26, according to the latest tracking survey conducted by the Mortgage Bankers Association. That translates to 3.8 million American homeowners ...

It’s been nearly two months since the number of borrowers who need forbearance on their mortgage began spiking due to coronavirus shutdowns, but it looks like the forbearance curve may be flattening.

[UPDATE: This story has been updated with information from Wells Fargo’s Tom Goyda that this change to their policy was put in place several months ago.] Homeowners who were placed into proactive ...

As firefighters gain the upper hand in their battle with the wildfires that have devastated Los Angeles, families are starting to pick up the pieces. For people who have lost loved ones or their homes ...

The Federal Communications Commission's "forbearance" follies continued this week, provoking the ire of the agency's two Democrats. They want to know why the FCC took a full year to deny the bare ...

A new CFPB report says that some mortgage lenders have failed to follow the law on mortgage forbearance during COVID. Lenders have misled borrowers about their rights, imposed unauthorized penalties, ...

In addition to its vast human toll, the pandemic has ravaged the financial resources of millions of US homeowners. Since the Coronavirus Aid, Relief, and Economic Security Act passed last year, more ...