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Roxanne Webster, a partner at Keller Williams, discusses forbearance plans, specifically reviewing one from Freedom Mortgage. She notes concerns regarding the lack of clarity at the end of the forbearance plan, which states it is a temporary suspension of payments. Webster highlights that the documentation indicates further action will be needed from the borrower, and that the lender will contact them near the end of the plan to discuss options. She expresses dissatisfaction with how it does not specify whether the owed amount needs to be paid in a lump sum or spread out over time. Links for further review will be provided in the video and email.
