Forbearances Retreat to 4.2 Percent

National Mortgage Professional, May 18, 2021–Navi Persaud
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported that the total number of loans now in forbearance decreased by 14 basis points from 4.36% of servicers’ portfolio volume in the prior week to 4.22% as of May 9.