American farmers have long struggled with high costs and low prices for their crops. But this year, there is even greater uncertainty in the fields. China stopped buying all US soybeans in May. Retaliation for President Trump's tariffs. Many American farmers were left without their largest export market. President Trump and China's President Xiinping came to a temporary truce. But farmers told us that whatever happens next with tariffs, the problems on their farms continue to run deep. We went to rural Tenn ...

Joining me now is Johnny Jones, a TSA officer, president of AFGE Local 1040 and secretary treasurer of the TSA Council 100. So Johnny, help us understand the reality that essential airport workers like you are facing right now. >> Uh right now we're going to work uh without a paycheck.Uh today will be the the beginning of people not getting paid u over this weekend. Friday. Some people get paid on Fridays.Uh so that's going to be a half a paycheck that you received earlier this month and now you receive no ...

Core Insights - Mortgage forbearance provides temporary financial relief for homeowners struggling to make mortgage payments due to unforeseen circumstances like job loss or medical issues [1] - It is an arrangement with lenders to pause or lower monthly payments for a specified period, typically up to six months [2][3] - Homeowners must repay any missed payments after the forbearance period ends, and interest continues to accrue during this time [8][9] Summary by Sections What is Mortgage Forbearance? - Mortgage forbearance allows homeowners to pause or lower their monthly mortgage payments if they are facing financial difficulties [1] Requesting Mortgage Forbearance - Homeowners can request forbearance by contacting their mortgage lender or servicer and providing proof of financial hardship [3][4] Pros and Cons of Mortgage Forbearance - **Pros**: - Provides short-term financial relief by pausing or lowering payments [8] - Can prevent foreclosure by allowing homeowners to manage their payments temporarily [8] - Less impact on credit compared to foreclosure, although some lenders may report forbearance status [10] - **Cons**: - Interest continues to accrue on the loan balance during forbearance [8] - Unpaid payments are not forgiven and must be repaid after the forbearance period [8][9] - Risk of financial trouble if the homeowner cannot repay missed payments after forbearance ends [9] Alternatives to Mortgage Forbearance - **Loan Modification**: A long-term solution that permanently changes loan terms to make payments more manageable [14] - **Mortgage Refinance**: Replaces the current mortgage with a new one, potentially lowering monthly payments [15][16] - **Repayment Plan**: Divides missed payments into future mortgage payments, suitable for short-term financial issues [17][18] FAQs on Mortgage Forbearance - The main difference between forbearance and modification is that forbearance temporarily reduces or pauses payments, while modification permanently alters loan terms [20] - Homeowners can be denied forbearance if they cannot prove financial hardship or have a poor credit history [21] - Forbearance is a better option than missing payments but should not be a long-term solution for ongoing financial issues [22]