MBA: Loans in Forbearance Drop for Third Consecutive Week
The Mortgage Bankers Association (MBA) has reported that the total number of loans currently in forbearance decreased by seven basis points from 5.29% of servicers’ portfolio volume in the prior week to 5.22% as of February 14, 2021. According to the MBA, 2.6 million U.S. homeowners are in forbearance plans. The MBA’s latest Forbearance and …
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