Mortgage Bankers Association: Share of Mortgage Loans in Forbearance Decreases to 3%
September 21, 2021
September 21, 2021
WASHINGTON, Sept. 21 (TNSRes) -- The Mortgage Bankers Association issued the following news release:
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 8 basis points from 3.08% of servicers' portfolio volume in the prior week to 3.00% as of September 12, 2021. According to MBA's estimate, 1.5 million homeowners are in forbearance plans.
The share of Fa . . .
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 8 basis points from 3.08% of servicers' portfolio volume in the prior week to 3.00% as of September 12, 2021. According to MBA's estimate, 1.5 million homeowners are in forbearance plans.
The share of Fa . . .