The share of mortgages in forbearance decreased by 1 basis point during the week ended July 25, reaching 3.47% of servicers’ portfolio volume, down from 3.48% the previous week, according to the Mortgage Bankers Association’s (MBA) Forbearance and Call Volume Survey.
About 1.74 million homeowners remained in forbearance plans, with foreclosure moratoriums expected to expire on July 31, unless extended retroactively.
The eviction moratorium for foreclosures in process (REO) has been extended by the
