May Numbers Show 425,000 Homeowners in Forbearance Plans, MBA Reports

June 22, 2022

MortgageOrb, June 22, 2022–Arian Fine
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey shows that the total number of loans now in forbearance decreased by 9 basis points from 0.94% of servicers’ portfolio volume in the prior month to 0.85% as of May 31. According to MBA’s estimate, 425,000 homeowners are in forbearance plans.
https://mortgageorb.com/may-numbers-show-425000-homeowners-in-forbearance-plans-mba-reports