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NJ foreclosure moratorium: What happens when it expires?

NorthJersey.com Thea Gleason juggles jobs to support her family of four in Little Egg Harbor, supplementing her salary as a high school English teacher with a second job at a storage facility. She usually waitresses as well, but that gig fell through when the COVID pandemic hit, reducing her income. So her family applied to their lender for mortgage forbearance. It was granted, and allowed them to put off payments for a year, through the end of this month. “So we could buy food instead,” Gleason said.  Gleason, 47, recently received a letter from her mortgage lender that said the company would “work with her,” and provided instructions to apply for additional mortgage assistance. 

NJ foreclosure moratorium: What happens when it expires?

NJ foreclosure moratorium: What happens when it expires?
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