Ask the Experts: Forbearance Is Not Forgiveness

Ask_the_experts_Jason_Gordon

“Forbearance Is Not Forgiveness”
(Uncovering the Dark Side of Forbearance)

*Forbearance vs. Deferment

*What happens to the “skipped” monthly payments?

*When/how is the “skipped” money paid back?

*What happens if the Homeowners can’t afford the payment plan?

* 2008 vs 2020 - Understanding the different loss mitigation economic dynamics & logistics

 

Jason E. Gordon, CDLP, CDRE, RCS-D

Jason Gordon 1

As a Certified Mortgage Planning Specialist (CMPS), Certified Divorce Lending Professional (CDLP), Certified Divorce Real Estate Expert (CDRE), Real Estate Collaboration Specialist – Divorce (RCS-D), Certified Distressed Property Expert (CDPE) & Certified Military Housing Specialist (CMHS), Jason Gordon utilizes his advanced training to examine a prospective Client's complete financial picture, while carefully listening to their overall goals.

If it is agreed upon that a new loan makes sense to pursue, Jason and his team then strive to make the entire loan process as seamless as possible. Jason truly believes that providing open communication and patient educational guidance to his Clients and Business Alliances has been a pivotal component to building his business, while enhancing his reputation in the Mortgage Industry as a Trusted Advisor.

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Originally Aired: April 14th, 2020
11am PST