Borrowers with government-backed and federallyinsured mortgages were given up to 18 months of forbearance, and many private lenders also offered forbearance. Indications are that the extra time this bought for borrowers really helped. Many borrowers who exited forbearance in 2021 were able to resume making payments, or, in the hot housing market, were able to sell their homes and walk away with equity.
For other borrowers, simple mortgage modification plans have helped  - 10 mortgage servicers to quickly and easily modify mortgages to help people stay in their homes at a lower monthly payment. That said, we must remember that there are institutions on the other side of the mortgage forbearance process.