Seeking Mortgage Forbearance? Watch Out for These 6 Red Flags
If you’re among the millions of Americans facing the prospect of unemployment or reduced income due to the coronavirus pandemic, you might be considering asking for a break on your mortgage payment. But keep this in mind: Requesting forbearance on your mortgage isn’t foolproof. The $2.2 trillion CARES Act stimulus package requires servicers to provide forbearance—or a temporary postponement of