Sunday, 24 October 2021 | The Latest Buzz for the Appraisal Industry

Share of Mortgage Loans in Forbearance Decreases

The Mortgage Bankers Association‘s (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by 2 basis points from 3.25% of servicers’ portfolio volume in the prior week to 3.23% as of August 29, 2021. According to MBA’s estimate, 1.6 million homeowners are in forbearance plans.

The share of Fannie Mae and Freddie Mac loans in forbearance decreased 3 basis points to 1.63%.  Ginnie Mae

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