Overview
Placeholder introduction. Modifications and forbearance agreements are often negotiated under time pressure, and can introduce new fees, releases, acknowledgments of default, or waivers of borrower claims.
Terms to read carefully
Placeholder section. This guide will address stipulations of default, waivers and releases, added default interest, and revised collateral or control provisions.
CPCA is a nonprofit oversight organization and not a law firm. This guide is general information, not legal or financial advice. Consult a licensed attorney in your state.