Learn about distressed borrowers, the challenges they face, and effective strategies like forbearance and loan modification ...

AB 238, also referred to as the Mortgage Deferment Act, to add Title 19.1 § 3273.20 et seq. (the “Mortgage Deferment Act” or the “Act”), was introduced in the California legislature on January 13, ...

It happens to the best of us: You lose your job, then get slammed with medical bills, or a nor'easter dumps a foot of rain that floods your basement. Your savings flow down the drain along with the ...

Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, during a period of financial hardship. If you’re unable to resume payments when forbearance ends, you may ...

(CNN) — Wildfires, raging floods, tornadoes and hurricanes can obliterate your home, but not your mortgage. The hard reality is that even when you live in a federally declared disaster area — like ...

California homeowners affected by recent wildfires can take advantage of mortgage forbearance, allowing them to temporarily pause or reduce their payments. However, they may face significant increases ...

While clearly resembling the COVID-19-era forbearance framework, the California Mortgage Forbearance Act goes further than the CARES Act and also governs the back-and-forth interactions between the ...