If administrative issues impact your student loan bills, your servicer might put you in an interest-free administrative forbearance until the problem gets fixed. Many, or all, of the products featured ...

More homeowners are exhibiting financial distress, the latest housing market trends reveal. Though it rose only slightly from August by three basis points, the number of loans in forbearance increased ...

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...

The estimated number of homeowners in forbearance plans remained around 350,000, or about 0.7% of all loans, as of Dec. 31, 2022. The share of Fannie Mae and Freddie Mac loans in forbearance decreased ...

Forbearance can pause or reduce student loan payments for up to a year. Accrued interest during forbearance raises total repayment costs. Alternatives to forbearance include deferment and ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

A growing chorus of mortgage servicers, consultants, and lobbyists support the idea of having forbearance programs as a permanent solution in the industry’s loss mitigation toolkit, rather than only a ...

It’s not uncommon for financial circumstances to change for student loan borrowers over the life of their loans. Whether it’s an unexpected illness, a job loss, or a pandemic, emergencies and ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

Foreclosures cost a lot of money. A conservative estimate of the financial toll on the borrower, the creditor, the guarantor and the surrounding community shows a foreclosure can cost upwards of ...

Repaying your student loans is a known part of your financing agreement. However, changes to your income or other unexpected life events can make it difficult to afford your payments. In this case, ...

Mortgage forbearance is a short-term agreement between a borrower and a mortgage servicer to pause or reduce mortgage payments. Typically, forbearance lasts no longer than 12 months. You can use it to ...