Active forbearances continue rising to new heights as again this week, the number of mortgages in active forbearance jumped–rising by 20K from last Tuesday, according to Black Knight. This momentum sustains the trend of mid-and late month spikes in active forbearance plans. That’s burgeoned into a recurring trend since the kickoff of the recovery. A descent of 4,000 weekly in active GSE forbearance plans was offset — and …
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