The COVID-19 recession shriveled the bank accounts of countless homeowners. If you entered mortgage forbearance last April or May because of the pandemic, you have plenty of company: Almost a million ...

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 ...

Five years of COVID-era relief for federally-insured mortgages has helped millions of American homeowners retain their properties, while artificially inflating home prices and leading to the potential ...

The estimated number of homeowners in forbearance plans remained around 350,000, or about 0.7% of all loans, as of Dec. 31, 2022. The share of Fannie Mae and Freddie Mac loans in forbearance decreased ...

MBA says as COVID-19 emergency comes to a close, forbearances continue to tick down. Fewer borrowers opted to delay or reduce their loan payments in March, according to the Mortgage Bankers ...

The chairmen of the U.S. Senate's Banking and Veterans Affairs committees introduced a bill Thursday to help veterans at risk of losing their homes because of a COVID-assistance program that the VA ...

The partial federal government shutdown is complicating the already complicated process of getting and managing a mortgage. For one thing, the political storm is like severe weather at a major airport ...

There has been a flurry of recent articles prognosticating a decrease to Federal Housing Administration (FHA) insurance premiums. Several trade groups including the Mortgage Bankers Association have ...

COVID forbearance can be extended As your initial 12-month mortgage forbearance expires, you may ask to extend it by three months. Then, if you need to, you can ask for another three-month extension.

If you entered mortgage forbearance last April or May because of the pandemic, you have plenty of company: Almost a million people will reach their 12-month forbearance anniversaries in those months ...