Pennymac offered a forbearance to us in 2020 when the world told us we are not allowed to work because were not essential. They said over a recorded line, the amount unpaid will get put at the end of the loan and our loan agreement will not change. Now fast forward to 2021, they are stating we owe more than what our original loan was and we only have 2 choices to get caught up on the payments weve missed. Pay everything right now (including the fees they added on) or sign a new loan that makes our mortgage higher payments. We didnt sign that ridiculous term and even though we continue to make monthly payments they stated over the phone, foreclosure papers are being sent out. I cant wait until a mass lawsuit happens with these scammer. User's recommendation: They are not for homeowners.