When you’re a homeowner, life’s curveballs — such as a job loss or an illness resulting in hefty medical bills — can do more harm than just forcing you to cancel that long-awaited vacation. They could also cause you to fall behind on your mortgage payments and risk foreclosure. Fortunately, mortgage forbearance can offer temporary financial relief while you get back on your feet. In this article: What is mortgage forbearance? Mortgage forbearance is an arrangement between you and your lender allowing yo ...