Share of Mortgage Loans in Forbearance Decreases to 5.83%

“With more borrowers exiting forbearance in the prior week, the share of loans in forbearance declined across all loan types. Almost half of forbearance exits to date have been from borrowers who remained current while in forbearance, or who were reinstated by paying back past-due amounts.” --MBA Senior Vice President and Chief Economist Mike Fratantoni.