Friday, April 19, 2024 | The Latest Buzz for the Appraisal Industry

Share of Mortgages in Forbearance Fell to 0.81 Percent at End of June

The share of mortgages in forbearance plans shrank to just to 0.81% of all loans as of June 30, according to the Mortgage Bankers Association (MBA).

As of the end of the month, roughly 405,000 homeowners were in forbearance plans, the MBA estimates.

The share of Fannie Mae and Freddie Mac loans in forbearance decreased three basis points to 0.35%.

Ginnie Mae loans in forbearance increased one basis point to 1.26%, and the forbearance

This post was originally published on this site

Brent Bowen

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