Forbearance Agreement
How the FHA’s Extended Forbearance Impacts Homeowners’ Financial Future
In recent mortgage letters sent out by the United States Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA) has extended the foreclosure and eviction moratorium for single-family FHA-insured mortgages through the early months of 2021. This decision provides much-needed assistance for many families across the country suffering financially from the impacts…
Read MoreHow the CARES Act Is Impacting Consumers in Bankruptcy
The CARES Act, or the Coronavirus Aid, Relief, and Economic Security Act, was passed on March 27, 2020 to provide assistance to those affected by the novel coronavirus. This act provides economic assistance for families, American workers and small businesses, as well as preserves jobs in many American industries. However, with the passing of this…
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