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Search Results: keywords:"disaster forbearance"

  • H. R. 2928, also known as the "Mortgage Relief for Disaster Survivors Act," aims to assist people with federally backed mortgages when a major disaster or emergency occurs. It allows borrowers to request a pause or reduction in their loan payments if their property is damaged...

    Simple Explanation

    H. R. 2928 is a plan to help people stop or reduce mortgage payments if their homes are hit by big disasters, like hurricanes, without extra costs. They can pause payments for up to a year if needed.