Mortgage Delinquencies Near Pre-Pandemic Lows

Delinquency rates for mortgage loans on one-to-four-unit residential properties continued to trend downward, nearing historic lows last seen before the coronavirus pandemic, the Mortgage Bankers Association reported Thursday.

Mortgage Delinquencies Near Pre-Pandemic Lows

Delinquency rates for mortgage loans on one-to-four-unit residential properties continued to trend downward, nearing historic lows last seen before the coronavirus pandemic, the Mortgage Bankers Association reported Thursday.

Mortgage Delinquencies Near Pre-Pandemic Lows

Delinquency rates for mortgage loans on one-to-four-unit residential properties continued to trend downward, nearing historic lows last seen before the coronavirus pandemic, the Mortgage Bankers Association reported Thursday.

A More Challenging Economic Environment for IMBs

NASHVILLE, Tenn.—The nation’s economy—and just as importantly, the housing market—are as challenging and as opportunistic in any time in history, according to Mortgage Bankers Association economists.

MBA Chart of the Week Dec. 23 2021: Percent of Current Loans

According to the MBA Monthly Loan Monitoring Survey, the share of loans in forbearance dropped to 1.67 percent of servicers’ portfolio volume as of November 30, after climbing to a monthly peak of 8.53 percent in May 2020.

MBA Loan Monitoring Survey: Mortgage Loans in Forbearance Fall to 1.67%

The Mortgage Bankers Association’s new monthly Loan Monitoring Survey reported loans now in forbearance decreased by 39 basis points to 1.67% of servicers’ portfolio volume as of November 30 from 2.06% in October. MBA estimates 835,000 homeowners remain in forbearance plans.