It happens to the best of us: You lose your job, then get slammed with medical bills, or a nor'easter dumps a foot of rain that floods your basement. Your savings flow down the drain along with the ...
Merriam-Webster defines forbearance as “a refraining from the enforcement of something that is due.” In finance, forbearance refers to an arrangement in which a lender allows a borrower to pause ...
CHICAGO -- You may be one of about 3.5 million Americans already in a forbearance on your mortgage, but what if you need an extension? Or what if you want to start paying again? "This is home, Villa ...
While clearly resembling the COVID-19-era forbearance framework, the California Mortgage Forbearance Act goes further than the CARES Act and also governs the back-and-forth interactions between the ...
LOS ANGELES, Nov. 21, 2025 /PRNewswire/ -- As part of its ongoing leadership supporting those impacted by the devastating Los Angeles wildfires, Bank of America today announced new offerings ...