How Mortgage Forbearance Works Under CARES ACT (Video)

Yesterday, I shared information about forbearance options available to borrowers with an FHA loan that has been impacted by the COVID-19 pandemic.  Today, the Consumer Finance Protection Bureau released a very informative video titled “CARES Act Mortgage Forbearance: What You Need to Know” which is below.  This video contains a great explanation of what forbearance is, how it works and how to request it on your mortgage.