The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by just 1 basis point, from 7.20% of servicers’ portfolio volume as of Aug. 16 from the prior week. MBA estimates 3.6 million homeowners are in forbearance plans.
Tag: Fannie Mae
MBA: Share of Mortgage Loans in Forbearance Flat
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by just 1 basis point, from 7.20% of servicers’ portfolio volume as of Aug. 16 from the prior week. MBA estimates 3.6 million homeowners are in forbearance plans.
MBA: Share of Mortgage Loans in Forbearance Flat
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by just 1 basis point, from 7.20% of servicers’ portfolio volume as of Aug. 16 from the prior week. MBA estimates 3.6 million homeowners are in forbearance plans.
Unemployment Insurance Claims Jump Back Above 1 Million
Americans filing initial unemployment claims jumped back above one million for the week ending Aug. 15, the Labor Department said, suggesting a more difficult climb out of the economic hole triggered by the coronavirus pandemic.
Longer-Term Challenges to Multifamily Risk Outlook Emerge
he multifamily sector made it through the first half of the year with less turmoil as some anticipated. But the pandemic could create longer-term challenges for the sector, said Phoenix American, San Rafael, Calif.
With Wind at Its Back, Housing Starts Continue Summer Surge
Housing starts posted double-digit increases for the second straight month, HUD and the Census Bureau reported yesterday, to its highest level since February.
MBA: Loans in Forbearance Fall 9th Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 23 basis points to 7.21% of servicers’ portfolio volume the week of Aug. 9 from 7.44% the previous week. MBA estimates 3.6 million homeowners are in forbearance plans.
Fannie Mae: U.S. Economy Poised for ‘Substantial Rebound’
Fannie Mae, Washington, D.C., said in the wake of the U.S. economy’s historic second-quarter contraction—nearly 40 percent—the strong rate of economic recovery seen in May and June sets up the third quarter for a “substantial rebound.”
MBA: Loans in Forbearance Fall 9th Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 23 basis points to 7.21% of servicers’ portfolio volume the week of Aug. 9 from 7.44% the previous week. MBA estimates 3.6 million homeowners are in forbearance plans.
MBA: Loans in Forbearance Fall 9th Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 23 basis points to 7.21% of servicers’ portfolio volume the week of Aug. 9 from 7.44% the previous week. MBA estimates 3.6 million homeowners are in forbearance plans.