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A special agreement between the lender and the borrower to delay a foreclosure is known as what...? Lis Pendens Postponement Forbearance Suspension
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A special agreement between the lender and the borrower to delay a foreclosure is known as what...? Lis Pendens Postponement Forbearance Suspension

User FrenchMasterSword
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6 votes

Answer:

Forbearance

Step-by-step explanation:

Forbearance is a term used in mortgaging that means an agreement between two parties; borrower and lender, to delay foreclosure.

Forbearance according to the dictionary means to hold back. That is, delaying or postponing an event of debt default.

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User Matt Mullens
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