A federal court blocked the income-driven Saving on a Valuable Education (SAVE) student loan repayment plan until a final ruling. In response, the Department of Education put 8 million SAVE plan ...

Given the current state of the market and many prognosticators writing about impending distress and doom and gloom, I thought it would be appropriate to dust off the topic of forbearance agreements.

After an Event of Default occurs, it is important to understand the options available to the Lender other than demanding repayment or simply waiving the default. A Forbearance Agreement allows the ...

Key Points ・Forbearance lets you pause student loan payments temporarily but interest continues to accrue during that time. ・It should only be used for short-term hardship, since repeated or extended ...

After numerous setbacks in his attempt to implement student loan forgiveness, President Joe Biden was dealt yet another blow last month. On July 18, a federal court issued a stay preventing the U.S.

The total number of loans now in forbearance decreased by 5 basis points to 0.39% of servicers’ portfolio volume in July from 0.44% May, according to the Mortgage Bankers Association’s (MBA) monthly ...

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 ...

About 2.5 million student loan borrowers will be placed into forbearance due to billing errors by student loan servicer MOHELA, the U.S. Department of Education announced. The Higher Education Loan ...

As the COVID-19 national emergency draws to a close, the forbearance rate has decreased month over month, according to a report from the Mortgage Bankers Association (MBA) on Monday. While the MBA ...

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 ...

The number of loans now in forbearance was 0.51% of servicers’ portfolio volume, down 4 basis points from March. MBA estimates that 255,000 homeowners are in forbearance plans. The number of mortgage ...