Friday, April 19, 2024 | The Latest Buzz for the Appraisal Industry

Share of Mortgages in Forbearance Steadily Dropping

The share of mortgages in forbearance plans fell six basis points to 2.15% of servicers’ portfolio volume during the week ended Oct. 24, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey.

Roughly 1.1 million homeowners remain in forbearance plans – which is a huge improvement from a year ago but nonetheless a major concern for mortgage servicers.

The share of Fannie Mae and Freddie Mac loans in forbearance decreased

This post was originally published on this site

Brent Bowen

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Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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