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I Can’t Pay my Mortgage: The Downsides of Mortgage Forbearance. Mortgage Relief Program Cares Act

If you’re thinking “I can’t pay my mortgage”, you are not alone. Discover the downsides of mortgage forbearance – the mortgage relief program in the CARES Act. Everything you need to know about the current Mortgage Crisis. Borrowers are flooding into the government’s mortgage forbearance program and overwhelming payers. It’s important to understand mortgage forbearance requirements and set up the mortgage forbearance agreement the right way with your lender. Dr. Nitin Chhoda explains what is a mortgage forbearance and helps you understand every single risk of mortgage forbearance. Subscribe to our Youtube channel for more updates.

References:

https://www.congress.gov/bill/116th-congress/senate-bill/3548/text

https://www.cnbc.com/2020/04/07/coronavirus-relief-mortgage-forbearance-requests-jump-nearly-2000percent.html

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