Sarah, a caller from Fresno, California, told "The Ramsey Show" she applied for a mortgage forbearance without telling her husband, allowing the arrangement to continue for nearly a year before she disclosed it. She said about $16,000 in missed payments had been added to the end of her loan by the time she told him. After hearing the details, personal finance host Dave Ramsey said immediate trust should not be expected after prolonged financial secrecy. "He'd be nuts to trust you instantly," co-host John ...

Mortgage Relief Program Issues - State-led mortgage forbearance initiative aimed to delay payments for 90 days without penalty [2] - State agreement promised payment options without immediate lump sum repayment (balloon payment) after forbearance [3] - Homeowners report broken promises, including demands for full repayment and adverse effects on credit scores [3][4] - Some homeowners faced foreclosure threats due to mistaken enrollment in forbearance or payment issues [5] - One homeowner's credit score dropped by 120 points due to the forbearance issue [6] State Response and Resolution - State agency overseeing financial institutions received over 100 complaints [9] - The state claims to have resolved most complaints, but some homeowners are still awaiting resolution [9] - Governor's office states it's unacceptable for mortgage providers to not adhere to their commitments [8] Impact on Homeowners - Lowered credit scores hinder rebuilding efforts and access to loans for fire victims [7] - Homeowners feel they are in a position of begging for assistance [7][8]