“The share of loans in forbearance has declined for three weeks in a row, with portfolio and PLS loans decreasing the most this week. This decline was due to a sharp increase in borrower exits, particularly for IMB servicers. Requests for new forbearances dropped to 6 basis points, matching a survey low.” --Mike Fratantoni, MBA Senior Vice President and Chief Economist.

After a difficult 2020 for the hotel sector, some hospitality lenders and investors are expressing optimism about 2021.