Thursday, 11 August 2022 | The Latest Buzz for the Appraisal Industry

Forbearance Plans Slide Below the 5% Mark

The total number of loans now in forbearance decreased by nine basis points from 5.05% of servicers’ portfolio volume to 4.96%, according to the latest Mortgage Bankers Association’s (MBA) Forbearance and Call Volume Survey. The MBA estimates that approximately 2.5 million U.S. homeowners are currently in forbearance plans. “The share of loans in forbearance decreased …

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