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Pros and Cons of Using a Forbearance Agreement to Prevent Foreclosure

InsureZero.com - Pros and Cons of Using a Forbearance Agreement to Prevent Foreclosure
A forbearance agreement is sometimes offered to borrowers struggling to meet their home loan obligation and those entering into preforeclosure. When lenders enter into a real estate forbearance contract they agree not to proceed with foreclosure action as long as mortgagors remain in compliance...
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