You know, a lot of banks said they would waive mortgage payments for a year, but that year is about up. So I've been advocating with the banks to extend it. And Bank of America stepped up and have extended their forbearance, which means you don't have to pay your mortgage while you're out paying rent. And they've extended it for three more years. I'm also advocating that they take those three years and put it at the end of your mortgage. So if you had a 30 year mortgage, you now have a 33 year mortgage. (05:37–05:48)
CLAIM
Asserts that Bank of America has extended mortgage forbearance for three more years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
.jpg)