What is forbearance?
Forbearance is a temporary reduction in or suspension of your mortgage payments. Your servicer may grant you forbearance if you recently lost your job or suffered from a disaster or from an illness or injury that increased your health care costs.
If you are unemployed or having trouble making your payments you can visit Making Home Affordable.
For help in exploring your options call the CFPB at (855) 411-CFPB (2372) to be connected to a U.S. Department of Housing and Urban Development (HUD)-approved housing counselor today.