Saturday , 23 January 2021

Forbearance Levels Continue Inching Downward

The total number of loans now in forbearance reached 7.16% of servicers’ portfolio volume for the week ending August 30, down slightly from the 7.20% level recorded one week earlier, according to the latest Mortgage Bankers Association (MBA) Forbearance and Call Volume Survey. The new survey determined that 3.6 million homeowners are now in forbearance …

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