Unemployed Homeowners Offered Forebearance on Mortgage Payments
Written by Charleston Foreclosure Defense Lawyer, Graves H. Wilson, Jr. Freddie Mac and Fannie Mae are now offering unemployed homeowners an extended forbearance, reducing or suspending mortgage payments for up to a year. This is an increase from the current program in which homeowners can apply for 6-month forbearance. This program is slated to start…
