Forebearance

This marked the first time since mid-April that the total number of forbearance plans were below the 3 million level. Here’s what factors are in play. The post Forbearance Rates Experience Biggest Weekly Drop Since Pandemic Began appeared first on DSNews.

As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear. The post Big Four U.S. Banks Report Widespread Loan Deferral appeared first on DSNews.