A lender's postponement of foreclosure in order to give the borrower time an opportunity to make up for overdue payments.
Related information about forbearance:
- Forbearance - Wikipedia, the free encyclopedia
In the context of a mortgage process, forbearance is a special agreement between the lender and the borrower to delay a foreclosure. The literal meaning of ...
- Deferment and Forbearance | Federal Student Aid
Under certain circumstances, you can receive a deferment or forbearance that allows you to temporarily postpone or reduce your federal student loan payments .
- Forbearance - Merriam-Webster Online
a refraining from the enforcement of something (as a debt, right, or obligation) that is due. 2. : the act of forbearing : patience. 3. : the quality of being forbearing : ...
- Forbearance | Define Forbearance at Dictionary.com
the act of forbearing; a refraining from something. 2. forbearing conduct or quality; patient endurance; self-control. 3. an abstaining from the enforcement of a ...
- Forbearance | Student Loan Borrower Assistance
Forbearance. Like deferments, forbearances allow you to temporarily postpone repayment. Forbearance may also involve an extension of time to make ...
- forbearance - definition of forbearance by the Free Online Dictionary ...
Tolerance and restraint in the face of provocation; patience. See Synonyms at patience. 3. The quality of being forbearing. 4. Law The act of a creditor who ...
- Mortgage Loan Forbearance | Bank of America
If a temporary hardship has caused you to fall behind on your home loan payments, mortgage forbearance may allow you to keep your home by providing you ...
- Forbearance Option For Short Term Payment Relief : Fannie Mae
Forbearance Options temporarily suspend or reduce your monthly mortgage payments for a specific period of time, giving you time to bring your mortgage ...