Who Actually Got Covid Forbearance Relief

By Rajashri Chakrabarti, Jessica Lu, Joelle Scally, and Wilbert van der Klaauw Forbearance on debt repayment was a key provision of the CARES Act, legislation intended to combat the widespread economic losses stemming from the COVID-19 pandemic. This pause on required payments for federally guaranteed mortgages and student loans has provided temporary relief to those …

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You Have Less Than a Month to Ask for Mortgage Payment Holiday

It’s not too late to take advantage of these protections but call your mortgage servicer sooner rather than later. For some mortgages, the deadline to request forbearance is December 31, 2020. Don’t wait – get the help you need now. What to do after you enter forbearance This advice applies to both a CARES Act …

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