MBA: Share of Mortgage Loans in Forbearance Increases to 0.50% in November
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.50% as of Nov. 30, 2024.
MBA, Other Groups Send FHA Letter on Loss Mitigation Update Recommendations
The Mortgage Bankers Association, along with a number of other trade groups, sent a letter to FHA on its November 2024 proposal on loss mitigation updates to its Servicing Handbook.
New Home Sales Increase in November
New single-family home sales increased significantly in November, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
