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If you’re behind on mortgage payments and need help, there are several options available. Depending on the specifics of your situation, your options may include forbearance, loan modification or ...
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Missed payment: You miss your mortgage payment and the 15-day grace period passes. You incur late fees and might receive a call or letter from your lender about the missed payment.
Key takeaways. Your mortgage statement is a document that includes key details about your loan. You'll receive a statement from your lender or servicer for each billing cycle, and it's a good idea ...
The data seems to indicate that, while conditions are still difficult, in some ways the crisis is easing: Over the period studied, the percentage of families behind on mortgage payments fell from 2.2 to 1.9; homeowners who thought it was "very likely or somewhat likely" that they would fall behind on payments fell from 6% to 4.6% of families.
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