(#MBALive) Bob Broeksmit, CMB: ‘Great Challenge, Great Change’
(Prepared remarks by Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, at today's MBA Live: Tech Solutions Conference.)
MBA: Share of Mortgage Loans in Forbearance Increases to 8.46%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance increased to 8.46% of servicers’ portfolio volume from 8.36% the prior week as of May 24. MBA estimates 4.2 million homeowners are now in forbearance plans.