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hey welcome back its Jason Walter here Im making this video today because I almost fell victim to the loan forbearance program of the cares Act and the carrots act as part of that 2.2 trillion dollar stimulus package that was just passed a couple of weeks ago so my lender offered me this program the loan forbearance program my opposite to pass after I found some major pitfalls with this program and Ill discuss that in this video its been reported that a record number of homeowners are taking advantage of this loan forbearance program according to some reports theres been a 2,000 percent increase in homeowners deciding to do this but I really worried here is that some people are not reading the fine print but I did Im going to report that to you so you can make an informed decision so you can decide whether or not this program is right for you the large increase in loan forbearance is is really no surprise because governors across the u.s. are closing their non-essential businesse