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Forbearance Definition & Meaning - Merriam-Webster
WEBThe meaning of forbearance is a refraining from the enforcement of something (such as a debt, right, or obligation) that is due. How to use forbearance in a sentence.
Merriam-webster.comForbearance: Meaning, Who Qualifies, and Examples - Investopedia
WEBMay 20, 2024 · forbearance is a temporary postponement of loan payments granted by a lender instead of forcing the borrower into foreclosure or default. The terms of a forbearance agreement are
Investopedia.comFORBEARANCE | English meaning - Cambridge Dictionary
WEBforbearance definition: 1. the quality of being patient and being able to forgive someone or control yourself in a…. Learn more.
Dictionary.cambridge.orgMortgage Forbearance Agreement: Definition, Purpose, How It …
WEBNov 11, 2021 · A mortgage forbearance agreement is a plan made between a lender and a borrower who is struggling to make mortgage payments that attempts to allow the borrower to fulfill the mortgage
Investopedia.comMortgage Forbearance: How It Works | Rocket Mortgage
WEBMay 10, 2024 · Under mortgage forbearance, your servicer allows you to temporarily pause or reduce your mortgage payments due to financial hardship. You’re still responsible for the full loan amount. forbearance does not permanently absolve the unfulfilled debt and alleviate you from having to pay what you owe.
Rocketmortgage.comWhat is mortgage forbearance? - Consumer Financial Protection Bureau
WEBOct 19, 2023 · forbearance is a process that can help if you’re struggling to pay your mortgage. Your servicer or lender arranges for you to temporarily pause mortgage payments or make smaller payments. You still owe the full amount, and you pay back the difference later.
Consumerfinance.govForbearance - Definition, Meaning & Synonyms | Vocabulary.com
WEBDefinitions of forbearance. noun. a delay in enforcing rights or claims or privileges; refraining from acting. “his forbearance to reply was alarming” see more. noun. good-natured tolerance of delay or incompetence. synonyms: longanimity, patience. see more. Cite this entry. Style: MLA. "forbearance."
Vocabulary.comforbearance noun - Definition, pictures, pronunciation and usage …
WEBforbearance. noun. /fɔːˈbeərəns/. /fɔːrˈberəns/. [uncountable] (formal) the quality of being patient and kind towards other people, especially when they have done something wrong. The mortgage company had acted with forbearance, only …
Oxfordlearnersdictionaries.comWhat Is A Forbearance Agreement? | Bankrate
WEBJun 6, 2024 · A mortgage forbearance agreement allows you to temporarily stop making monthly mortgage payments or make smaller payments amid financial hardship. As part of a standard mortgage forbearance
Bankrate.comForbearance Definition & Meaning | YourDictionary
WEBforbearance Definition. The act of forbearing. The quality of being forbearing; self-control; patient restraint. The act by which a creditor extends time for payment of a debt or …
Yourdictionary.com