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Phrases with «mortgage forgiveness»

"Mortgage forgiveness" means a lender forgiving or canceling a portion or all of the debt owed by a borrower on their mortgage loan. This is usually done to provide financial relief to borrowers who are struggling to make their mortgage payments. Full definition

Related phrases

Sentences with «mortgage forgiveness»

  • This temporary law limited exclusion of income for discharged home mortgage debt for principal homeowners who went through foreclosure, short sale or other mortgage forgiveness. (marthamay.com)
  • While waiting, you can still learn how to apply for mortgage forgiveness. (getoutofdebt.com)
  • NAR has long advocated for mortgage forgiveness tax relief, policy that was first established in 2007 at the onset of the housing and economic downturn and that has expired and been extended several times; most recently, early in 2018, it was retroactively extended to cover 2017. (lawyer-monthly.com)
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