Advice on Repaying your mortgage payments missed for Covid
| Elizabeth Kayser, one of our esteemed colleagues who also practices short sale law in Illinois and Missouri posted this excellent advice about how to handle the end of your forbearance: A Graceful Exit From A Difficult Situation For A HomeownerTM Already in Mortgage Forbearance? Here’s what you need to know By: Consumer Financial Protection Bureau The coronavirus pandemic has made it difficult for many Americans to maintain steady mortgage payments. If you’re one of the millions of people who have placed your mortgage in forbearance since March, it’s important to know: If you got forbearance under the CARES Act, you have the right to a 180-day extension. You have options for repaying Watch this video to help you prepare to pay back your missed payments once forbearance ends. |
