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Washington homeowners experiencing 'sticker shock' when pandemic-related 'mortgage forbearance' ends

Washington homeowners experiencing sticker shock when pandemic-related mortgage forbearance ends
Millions of Americans who paused their mortgage payments for six, 12 or 18 months will all have to re-start payments by this fall.
Author: Chris Ingalls
Updated: 9:39 PM PDT August 3, 2021
CONCRETE, Wash. Larry Tusten was back at work, and on better financial footing, after several pandemic-related shutdowns at the meat processing plant where he works in Skagit County.
He was eager to get caught up on his monthly house payments, which were delayed through a federal program called ‘mortgage forbearance,’ which paused mortgage payments for borrowers.
It’s a plan that nearly 7 million Americans signed up for at some point during the pandemic. ....

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Borne the Battle Bonus Episode: Home Loan Forbearance Protections Extended

This BtB bonus episode features a CFPB break down on home loan protections in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. ....

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