Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Informal Forbearance Plans

HUD 4000.1 Glossary

Updated 10-31-2026

Informal Forbearance Plans

Informal Forbearance Plans refer to oral agreements allowing for reduced or suspended payments for a period of three months or less and may provide specific terms for repayment.

HUD 4000.1 Glossary

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