forbearance - HoustonNewMedia.org https://houstonnewmedia.org/tag/forbearance/ Building "Bridges" Across the Bayou City! Fri, 24 Apr 2020 19:53:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 forbearance - HoustonNewMedia.org https://houstonnewmedia.org/tag/forbearance/ 32 32 103504436 3.4M mortgages are in forbearance, and the numbers are rising, analysis finds https://houstonnewmedia.org/3-4m-mortgages-are-in-forbearance-and-the-numbers-are-rising-analysis-finds/?utm_source=rss&utm_medium=rss&utm_campaign=3-4m-mortgages-are-in-forbearance-and-the-numbers-are-rising-analysis-finds Fri, 24 Apr 2020 19:53:32 +0000 http://houstonnewmedia.org/?guid=128b53a28a8a2a815d8847534c0ff2ca Forbearance is helping homeowners but is having a downstream effect on mortgage lenders and servicers.

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Here’s why McDermott’s forbearance isn’t bulletproof https://houstonnewmedia.org/heres-why-mcdermotts-forbearance-isnt-bulletproof/?utm_source=rss&utm_medium=rss&utm_campaign=heres-why-mcdermotts-forbearance-isnt-bulletproof Mon, 13 Jan 2020 17:39:45 +0000 http://houstonnewmedia.org/?guid=260cd3c52fc73ea02a96cd97952dc53e The company has about 35 percent of its lenders onboard with forbearance, but it needs more than half to unwind any other groups that decide to accelerate debt.

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