Saturday , 23 January 2021

This Week’s Mortgages in Forbearance

The quantity of forbearances declined by 1,000 over the past week, according to new data from Black Knight Inc.’s McDash Flash Forbearance Tracker.  As of August 25, 3.9 million homeowners were in active forbearance, or 7.4% of all active mortgages, representing $828 billion in unpaid principal. This level is unchanged from the prior week. Black Knight reported that 5.3% of all GSE-backed loans, 11.6% of all FHA/VA loans and 8.1% …

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