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    what is the meaning of forebearance

    0  Views: 569 Answers: 2 Posted: 12 years ago

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    In the context of a mortgage process, forbearance is a special agreement between the lender and the borrower to delay a foreclosure. The literal meaning of forbearance is “holding back.”


    More info here> http://en.wikipedia.org/wiki/Forbearance

    . The act of forbearing.2. Tolerance and restraint in the face of provocation; patience. See Synonyms at patience.


    3. The quality of being forbearing.


    4. Law The act of a creditor who refrains from enforcing a debt when it falls due.



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