More Homeowners are Leaving Mortgage Forbearance–But Still Need Help

Yahoo! Money, Apr. 20, 2021–Janna Herron
“Borrowers are entering a deferral plan or mortgage modification,” Mortgage Bankers Association Chief Economist Mike Fratantoni said. “Maybe they’re back at their job and can return to the original payment, but can’t pay off the forbearance amounts. A deferral allows them to take those payments to the end of the loan.”