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Is Your Mortgage Coming Out of Forbearance? Here's What to Do

To that end, the CARES Act was signed into law in March of 2020, and one of the relief measures it offered was mortgage forbearance. Forbearance has long existed in the context of home loans, and it allows mortgage borrowers to pause their payments for a preset period of time. Under the CARES Act, any homeowner who requested forbearance had to be granted that option after attesting to financial hardship (whereas outside of the CARES Act, forbearance requests could be denied).