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forbearance |
The lender's postponement of legal action when a borrower is delinquent. It is usually granted when a borrower makes satisfactory arrangements to bring the overdue mortgage payments up to date. Would you like to add another definition for "forbearance" to the Real Estate Dictionary? Terms that closely resemble "forbearance":forbearance - The lender's postponement of legal action when a borrower is delinquent. ...0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
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