Mortgage Forbearance latest info?

[Allende Hernandez]

Hi guys,

I did a search and the latest post I found on this topic was about 2 weeks older. There are many of the opinion that somehow going into forbearance will come back to haunt mortgage holders regardless of what the CARES act says or its intentions. Many of them make real sense.

Since then Freddy and Fannie have issued new guidelines that allow processors to place the unpaid amount in the back of the loan.

This at simple and cold view seems like a 30 years loan at no interest (based on the age of your loan) and not a bad idea for any investor if mortgage payments are hefty. Things are changing by the day, so I wanted to get opinions based on recent information. 

Based on the CARES act and new info out there, is taking advantage of this situation (whether actually needed or not) seems like a good idea for a rental or even primary home?