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Under forbearance, a lender agrees not to take action against a delinquent borrower.
"We expect this number to rise dramatically by the end of the year and into 2010, because we're seeing so many hotels operating under forbearance," Reay said.
But unlike IBR, the payments you miss under forbearance do not count toward your forgiveness period, which means you'll eventually have to pay them.
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Now there are some technical terms I could throw at you here; ancillary authority under Title I and forbearance under Title II.
The Bank's economists have investigated the phenomenon of "forbearance", under which banks have tended to give distressed business borrowers an easy ride during the crisis, rather than forcing them into default.
After a period of forbearance under the Arab Umayyad dynasty, Spain entered a long period of religious intolerance, with its Muslim Berber dynasties forcing both Christians and Jews to convert to Islam, and the victorious Christians then expelling Jews and Muslims or forcing both to convert.
After a period of forbearance under the Arab Umayyad dynasty, Spain entered a period of religious intolerance, with its Muslim Berber dynasties forcing Christians and Jews to convert to Islam, and the victorious Christians then expelling Jews and Muslims or forcing them to convert.
With patience, we exhibit forbearance under strain, especially when challenging difficulties end up becoming longer-term.
The National Council of La Raza (NCLR) is urging Fannie and Freddie to join the U.S. Departments of the Treasury and Housing and Urban Development (HUD) in extending 12 months of forbearance under HAMP (Home Affordable Modification Program) for unemployed homeowners.
Under Jesus' teachings about forbearance an open minded and non-judgmental stance towards others is pretty-much mandatory.
The company has been operating under a series of forbearance agreements with its lenders, while seeking a plan that would get it back into the business of producing and distributing films, television shows and digital entertainment.
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