Wednesday , 20 January 2021

‘Slow Down in Exits’ Means Increased Overall Forbearance Activity

The total number of loans in forbearance took a slight uptick in the latest data from the Mortgage Bankers Association’s (MBA) Forbearance and Call Volume Survey. As of Nov. 15, loans in forbearance accounted for 5.48% of servicers’ portfolio volume, up from 5.47% one week earlier. The MBA estimated 2.7 million homeowners are currently in …

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