Mortgage Performance Remains ‘Exceptionally Healthy’

Reports this week from CoreLogic, Irvine, Calif., and Black Knight, Jacksonville, Fla., as well as Monday’s Loan Monitoring Report from the Mortgage Bankers Association, show mortgage performance in the post-pandemic era remains strong and healthy.

MBA: November Share of Mortgage Loans in Forbearance Flat

The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance remained flat at 0.70% as of November 30. MBA estimates 350,000 homeowners are in forbearance plans.

MBA: November Share of Mortgage Loans in Forbearance Flat

The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance remained flat at 0.70% as of November 30. MBA estimates 350,000 homeowners are in forbearance plans.

MBA: October Share of Mortgage Loans In Forbearance Up Slightly

The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance increased by 1 basis point to 0.70% of servicers’ portfolio volume from 0.69% in the prior month as of October 31.

MBA: October Share of Mortgage Loans In Forbearance Up Slightly

The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance increased by 1 basis point to 0.70% of servicers’ portfolio volume from 0.69% in the prior month as of October 31.

MBA Chart of the Week Oct. 21 2022: Loans in Forbearance

In this week’s Chart of the Week, we show the year-to-date forbearance rates across all investor categories. The most substantial improvement was among portfolio and private-label securities loans.

MBA Chart of the Week Oct. 21 2022: Loans in Forbearance

In this week’s Chart of the Week, we show the year-to-date forbearance rates across all investor categories. The most substantial improvement was among portfolio and private-label securities loans. The forbearance rate has dropped 229 basis points since the beginning of the year.