Are you a homeowner seeking forbearance on your mortgage? Watch out for these red flags

Homeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or reduced income because of the coronanvirus pandemic. But requesting forbearance on your mortgage isn’t foolproof.

The CARES Act stimulus package requires servicers to provide forbearance — a temporary postponement of payments — to any homeownerwith a…

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