MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.38% in February
MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.40% of servicers’ portfolio volume in the prior month to 0.38% as of Feb. 28, 2025.
Commercial, Multifamily Mortgage Debt Outstanding Increased in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2024 was $172 billion higher than at the end of 2023, MBA reported.
Northwestern Mutual: Majority of Non-Homeowners Say It Will Never Be Affordable
Northwestern Mutual, Milwaukee, Wis., released its latest planning and progress study, finding that among Americans who are not currently homeowners, 53% say owning a home will never be financially affordable.
