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Forbearance, in the context of a mortgage process, is a special agreement between the lender and the borrower to delay a foreclosure. The literal meaning of forbearance is "holding back". [ 1 ] This is also referred to as mortgage moratorium .
Patience, or forbearance, is the ability to endure difficult or undesired long-term circumstances. Patience involves perseverance or tolerance in the face of delay, provocation, or stress without responding negatively, such as reacting with disrespect or anger.
Titiksha or titikṣā (Sanskrit: तितिक्षा 'forbearance' [1]) is defined by the Uddhava Gita as the "patient endurance of suffering." [2] In Vedanta philosophy it is the bearing with indifference all opposites such as pleasure and pain, heat and cold, expectation of reward and punishment, accruement or gain and loss, vanity and envy, resentment and deprecation, fame and ...
Mortgage forbearance is a temporary period when your lender lowers or suspends your mortgage payments for the agreed-upon time specified in the mortgage forbearance agreement.
A mortgage deferment after forbearance is generally a good course of action when you know your financial hardship is only temporary and you want to keep your home.
Mandatory forbearance: Your student loan servicer is required to grant you forbearance if you meet certain requirements like serving in an AmeriCorps position, medical or dental internship, or ...
The term can be translated as "patience," "steadfastness," or "endurance," and encompasses meanings such as "forbearance," "acceptance," and "receptivity." [ 2 ] Kṣānti has several applications: It can refer to patience with others, that is, the ability to endure abuse and hardship inflicted by sentient beings while maintaining compassion ...
"Mercy" can be defined as "compassion or forbearance shown especially to an offender or to one subject to one's power"; and also "a blessing that is an act of divine favor or compassion." [ 2 ] "To be at someone's mercy" indicates a person being "without defense against someone."