A slowdown in exits pushes forbearance volume up
After one month of steady declines, servicers’ forbearance portfolio volume rose one basis point last week to 5.23%, according to data released Monday by the Mortgage…
Category: MBA forbearance
Forbearances fall for third week in a row, to 5.22%
The total number of mortgages in forbearance declined seven basis points to 5.22% in the week ending Feb. 14, according to the latest estimate from the Mortgage Bankers…
Forbearance rate drops again, to 5.29%
The total number of mortgages in forbearance declined six basis points to 5.29% in the week ending Feb. 7, according to the latest estimate from…
Forbearance rate slowly descends to 5.35%
The U.S forbearance rate is falling, though not as quickly as it once was. Data released on Monday by the Mortgage Bankers Association showed that…
Forbearance rate left unchanged as exits slow
The U.S. forbearance rate was flat again last week at 5.38%, as a rise in portfolio loan and private label security forbearances offset declines for…