Tuesday, May 14, 2024 | The Latest Buzz for the Appraisal Industry

Share of Mortgage Loans in Forbearance Drops to 2.96%

The Mortgage Bankers Association‘s (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by 4 basis points from 3% of servicers’ portfolio volume in the prior week to 2.96% as of September 19, 2021. According to MBA’s estimate, 1.5 million homeowners are in forbearance plans.

The share of Fannie Mae and Freddie Mac loans in forbearance decreased 3 basis points to 1.44%. Ginnie Mae

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

Read More »

TOP RATED PRODUCTS

5/5