For many, forbearance exit assistance options have been smooth, and foreclosure starts and inventory hit record lows in April, according to data from Black Knight. If you are struggling financially but your forbearance period is ending soon, there are multiple options available to help you avoid mortgage foreclosure.
“Ourselves, the GSEs, as well as different governmental bodies, whether that’s HUD, or the FHFA, and/or the CFPB to the extent that they were involved, we all work together to try to find solutions together to protect homeowners,” said Baron Silverstein, New Residential Investment Corp. president.
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