“MBA appreciates that FHFA has coordinated with the various government-backed loan providers to align Fannie Mae’s and Freddie Mac’s COVID-19 mortgage relief policies. The enhanced forbearance provisions will provide borrowers with the same options and allow mortgage servicers to streamline their offerings to provide relief for homeowners." --MBA President & CEO Robert Broeksmit, CMB.

Black Knight, Jacksonville, Fla., said the national mortgage delinquency rate fell below 6% for the first time since nearly a year, but cautioned some 2.1 million homeowners remain seriously delinquent on their mortgage payments.