If you were on a forbearance plan during part of the year—or exited a forbearance plan and deferred missed payments—you will receive a 1098 with only the interest reported that was paid by you . How will a forbearance impact my year-end tax statement?

Forbearance is an agreement between a servicer, such as Mr. Cooper, and a borrower to temporarily pause or reduce mortgage payments for a set period of time.

A Disaster Forbearance Plan provides temporary relief from making monthly mortgage payments due to a disaster. We encourage you to speak with your financial advisor or attorney before making any decision regarding this plan or any other mortgage assistance solutions.

After a Disaster: Filing an Insurance Claim, Applying for Mortgage Assistance, and More. 4 Tips To Follow After a Natural Disaster. Here’s What Really Happens After a Forbearance. Provides access to our relief solution and other helpful resources.

A verification of mortgage (VOM) is an official statement that verifies your existing loan terms and provides a rating of the payment history, including if the loan was current or delinquent for each month listed. It reflects only the most recent 12 months of your loan, exclu...

A forbearance plan is a temporary suspension (or reduction) of your monthly mortgage payments intended to allow you time and flexibility to manage the financial challenges you are facing after the disaster.

How will a forbearance impact my year-end tax statement? If you were on a forbearance plan during part of the year—or exited a forbearance plan and deferred missed payments—you will receive a 1098 with only the interest reported that was paid by you .

While you might see 20% as the common down payment amount suggested for your mortgage, there are options where qualifying borrowers can put as little as 3.5% or even 0% down. These options are usually available through government programs to help make mortgages more affordable for ho...

If you’re facing a long-term hardship, we can review you for a loan modification to determine if more manageable terms are available. While refinancing means replacing your existing loan with a new one, loan modification keeps your existing loan and changes its terms.

Another alternative to foreclosure is called Deed in Lieu of Foreclosure (DIL). DIL means that you voluntarily transfer ownership of your home to your lender, the lender terminates the loan, and the remaining balance due is forgiven.