Thursday, April 18, 2024 | The Latest Buzz for the Appraisal Industry

MBA Reports Decrease in Share of Mortgage Loans in Forbearance

The Mortgage Bankers Association‘s (MBA) latest Forbearance and Call Volume Survey is showing that the total number of loans now in forbearance decreased by 9 basis points from 2.15% of servicers’ portfolio volume in the prior week to 2.06% as of October 31, 2021. According to MBA’s estimate, 1 million homeowners are in forbearance plans.

The share of Fannie Mae and Freddie Mac loans in forbearance decreased 5 basis points to 0.92%. Ginnie Mae

This post was originally published on this site

Brent Bowen

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