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The Mortgage Bankers Association’s (MBA) reported this week that the number of loans in forbearance dropped last week, marking the 11th week in a row of decreases. MBA estimates that as of November 8 2.7 million homeowners are in active mortgage-loan forbearance. The overall rate of loan forbearances decreased last week from 5.67% of all …
The post Extensions Account for Most Forbearance Activity appeared first on DSNews.
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