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April 6, 2020
Let’s do some “Mortgage Forbearance Math.” Mom and Dad have a mortgage. It’s currently $1,000.00 per month. Dad gets laid off, calls the Servicer, and asks for a Forbearance. In one phone call, he gets 6 months “off” from paying. Seven months later, Dad is finally back to work, and hasn’t been able to save...
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