MBA: Share of Mortgage Loans in Forbearance Dips Slightly to 5.90%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 2 basis points to 5.90% of servicers’ portfolio volume as of Oct. 18, from 5.92% the prior week. MBA estimates 3 million homeowners are in forbearance plans.

MBA: Share of Mortgage Loans in Forbearance Dips Slightly to 5.90%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 2 basis points to 5.90% of servicers’ portfolio volume as of Oct. 18, from 5.92% the prior week. MBA estimates 3 million homeowners are in forbearance plans.

Industry Briefs Oct. 23, 2020

Black Knight Inc., Jacksonville, Fla., launched a Customer Service platform that provides an enhanced customer service experience for both customer service representatives and consumers.

MBA: Share of Mortgage Loans in Forbearance Falls to 5.92%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 40 basis points to 5.92% of servicers’ portfolio volume as of October 11, from 6.32% the prior week. MBA now estimates 3.0 million homeowners are in forbearance plans.

MBA: Share of Mortgage Loans in Forbearance Falls to 5.92%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 40 basis points to 5.92% of servicers’ portfolio volume as of October 11, from 6.32% the prior week. MBA now estimates 3.0 million homeowners are in forbearance plans.