With wildfire disasters and insurance volatility stretching rebuild timelines, California’s forbearance approach is becoming a test case for how lenders, servicers and policymakers can pair payment ...

Merriam-Webster defines forbearance as “a refraining from the enforcement of something that is due.” In finance, forbearance refers to an arrangement in which a lender allows a borrower to pause ...

A California legislator is advancing efforts to extend mortgage forbearance protections for homeowners impacted by last year’s Los Angeles wildfires, aiming to provide longer-term financial relief as ...

Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, when you have a financial hardship. When forbearance ends, you may ask for an extension, modify your ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

・Forbearance lets you pause student loan payments temporarily but interest continues to accrue during that time. ・It should only be used for short-term hardship, since repeated or extended forbearance ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

Mortgage forbearance gives borrowers experiencing financial hardship a temporary break on payments. But what happens when the break ends? Knowing your post-forbearance options is important so you are ...