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Mortgage Servicer Complaints Reach 3-Year High, Reports CFPB

Mortgage Servicer Complaints Reach 3-Year High, Reports CFPB

Many homeowners have needed relief during the coronavirus pandemic, and thankfully, aid has been available in the form of mortgage forbearance. Forbearance has allowed borrowers to pause their monthly mortgage payments without being reported as delinquent on their home loans. Under normal circumstances, mortgage loan servicers can deny forbearance requests as they see fit.