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Executed by and between the holder and the borrower where the holder agrees to suspend all payments or accept reduced payments for one or more months, on a loan 61 or more calendar days delinquent, and the borrower agrees to pay the total delinquency at the end of the specified period or enter into a repayment plan. This guide will examine whether VA Mortgagees are legally obligated to offer and/or grant Special Forbearance to veteran borrowers prior to initiating foreclosure proceedings. Thi.
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