To Purchase a House, Nora Obtains a Mortgage Loan from Oak

To purchase a house, Nora obtains a mortgage loan from Oak Tree Loans LLC. Later, Nora informs Oak Tree that she may default on the payments. The lender agrees to delay taking possession of the property and selling it. The parties negotiate a payment plan for the amount due on the loan. This is

A) forbearance.
B) a short sale.
C) a workout agreement.
D) a deed in lieu of foreclosure.