Repercussions from forbearance

[Teague Anderson]

Hey all,

I heard rumors of unintended consequences from taking advantage of forbearance programs. Specifically, when the dust settles lenders may deny loans for borrowers who took such advantage, or may want to see proof of 12-month continuous payment of their existing loans.  I heard from a guy, who heard from a guy that Wells Fargo was already drafting up such language for their borrowing guidelines.

Has anyone else heard such rumors?  If true, that would definitely convince me of not taking forbearance.  Good thing I was a good little investor and have reserves.

Thanks,

Teague