The share of loans in forbearance haven't moved much lately--but for the past 14 weeks, they've been moving down, the Mortgage Bankers said Monday.
The Mortgage Bankers Association and a half-dozen industry trade groups asked federal regulatory agencies to hold implementation of new credit risk retention guidelines until the Consumer Financial Protection Bureau implements its updated Qualified Mortgage general definition.
CoreLogic, Irvine, Calif., said just 4.9 percent of all mortgages in the U.S. were in some stage of delinquency, the lowest rate in more than a year.
MBA Research recently wrapped up its annual Servicing Operations Study, a deep dive analysis of servicing costs, productivity, portfolio activity and operational metrics for in-house servicers. In this week’s chart, we show 2020 direct servicing costs allocated by functional area.