The Truth about Forbearance Agreements

Pat Vassar, Director of Underwriting and Misty Bethany, Chief Compliance Officer, discuss the truth about Forbearance Agreements.

Topics in this episode:

· What is a Forbearance Agreement?

· Specific Requirements of Forbearance Agreements

· Process of Obtaining a Forbearance Agreement

· Benefits of Forbearance Agreements

· Balloting Investors

· What happens when the Investor Majority Approves/ Denies

· Average amount of Forbearances a year at Ignite Funding

Ignite Funding, LLC | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.