“While MBA is forecasting for a strong economic rebound in the second half of this year, as a rapid roll-out of vaccines and continued government fiscal assistance to households and businesses provide support for the market, there still remains a heightened sense of uncertainty about the months ahead.” --Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance remained unchanged at 5.38% of servicers’ portfolio volume as of January 24. MBA estimates 2.7 million homeowners are in forbearance plans.