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Roxanne Webster, a partner at Keller Williams, discusses forbearance plans in a video tutorial. She reviews a specific plan from Freedom Mortgage, highlighting its drawbacks. Key concerns include the lack of clarity regarding payment expectations at the end of the forbearance period. The plan states it is a temporary suspension of payments, indicating that clients will need to work with the lender to find a solution later. Roxanne expresses dissatisfaction with the ambiguity around whether clients will need to repay the total amount at once or over time, emphasizing the need for clearer communication from lenders regarding repayment options.
