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07-21-2009, 05:35 PM #1
Renter
- Join Date
- Jul 2009
- Posts
- 1
Loan Modification-Open Challenge 4 you
Thanks for the help.
Last edited by Spyatu; 07-23-2009 at 06:00 PM.
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11-20-2010, 05:40 PM #2
Fixer Upper
- Join Date
- Nov 2010
- Posts
- 29
A loan modification agreement is different from a forbearance agreement. A forbearance agreement provides short-term relief for borrowers who have temporary financial problems, while a loan modification agreement is a long-term solution for borrowers who will never be able to repay an existing loan.



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