Waning Days of Grace for New Orleans Homeowners

Waning Days of Grace for New Orleans Homeowners

Strains begin to show as mortgage reprieves are extended. Borrowers say some lenders demand lump sums at the end of forbearance periods.

As unpaid home-loan bills pile up, mortgage companies and owners of hurricane-ravaged property are still unsure what federal assistance they may get, and uncertain if they can salvage their investments.