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.