Share of Ginnie Mae Mortgages in Forbearance Increased Again

MortgageOrb, Sept. 9, 2020–Michael Bates
The share of mortgages in COVID-19-related forbearance plans continued to fall last week, driven by an eight-basis-point drop in the share of Fannie Mae and Freddie Mac loans to 4.80%, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey.