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Homeowners Who Can’t Pay their Mortgages are Getti

:Homeowners Who Can’t Pay their Mortgages are Getting Help

Homeowners Who Can’t Pay their Mortgages are Getting Help

March 25, 2020
   
Dallas Morning News, Mar. 25, 2020–Steve Brown
Major lenders are offering a moratorium on payments for borrowers who have lost their jobs or been furloughed from work. “If they have been laid off or had a drop in work hours, are ill or affected, there will be a program available to them to forbear mortgage payments,” said Robert Broeksmit, president and CEO of the Mortgage Bankers Association. “Generally it would be up to six months.
https://www.dallasnews.com/business/real-estate/2020/03/25/homeowners-who-cant-pay-their-mortgages-are-getting-help/
 

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