MBA Survey Shows Share of Mortgage Loans in Forbearance Decreases

MortgageOrb, Dec. 21, 2021–Ariana Fine
The Mortgage Bankers Association‘s new monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 39 basis points from 2.06% of servicers’ portfolio volume in the prior month to 1.67% as of November 30.