The Ups and Downs of Mortgage Forbearance Trends

As of August 10, the total number of loans now in forbearance dipped one basis point from 7.21% of servicers’ portfolio volume the week before to 7.20%, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. A total of 3.6 million homeowners are in forbearance plans, it estimates. Similarly, the share …

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