Thursday, 6 May 2021 | The Latest Buzz for the Appraisal Industry

MBA: Forbearance Exits at Fastest Pace in Five Months

The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey reveals that the total number of loans now in forbearance decreased by 24 basis points from 4.9% of servicers’ portfolio volume in the prior week to 4.66% as of April 4.

That equates to approximately 2.3 million homeowners in forbearance plans.

The share of Fannie Mae and Freddie Mac loans in forbearance decreased to 2.52% – a 20-basis-point improvement. Ginnie Mae loans in

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