Normalizing Forbearance

Urban Institute, Aug. 2, 2022
Urban Institute’s Housing Finance Policy Center is out with a proposal to make forbearance the first step on most loss mitigation waterfalls. Expanding mortgage payment forbearance eligibility in a cost-effective manner could prevent tens of thousands of foreclosures each year, ensuring that borrowers experiencing hardship can remain in their homes.
https://www.urban.org/research/publication/normalizing-forbearance