Formal Forbearance Plans
Last updated 2026-08-02
HUD 4000.1 Glossary
Updated 2026-08-02
Formal Forbearance Plans
Formal Forbearance Plans are written agreements executed by one or more of the Borrowers, allowing for reduced or suspended payments for a period greater than three months, but not more than six months, unless otherwise authorized by HUD, and such plans may include specific terms for repayment. Full Review
HUD 4000.1 Glossary
p. 19
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