Forbearance enabled nearly five million homeowners to get back on their feet in a time when having the security and protection of a home was more important than ever. Those in need were able to work with their banks and lenders to stay in their homes rather than go into foreclosure. Marina Walsh at the Mortgage Bankers Association notes, “Most borrowers exiting forbearance are moving into either a loan modification, payment deferral, or a combination of the two workout options." With those options in place, four out of every five homeowners in forbearance are either paid in full or are exiting with a plan. They’re able to stay in their homes.