Which of the Following Terms Describes a Temporary Reduction or Suspension

question 25

Multiple Choice

Which of the following terms describes a temporary reduction or suspension of the mortgage payments for three or four months,followed by a new repayment plan to keep borrowers from foreclosure?

• A)Cramdown
• B)Forbearance
• C)Reinstatement
• D)Mortgage assistance

---

Definitions:

Misrepresenting Concepts

Incorrectly presenting or interpreting ideas or principles.

Visuals

Graphic elements such as diagrams, photographs, or videos that assist in communicating a message or information.

Appendix

A section at the end of a document or book that contains additional information related to the main text, such as tables, figures, or references.

Numbering Visuals

A method for organizing and referring to visual elements such as figures, tables, or diagrams within a document by assigning them specific numbers.