Share of Mortgage Loans in Forbearance Falls Under 4%

The share of mortgage loans in forbearance fell for the 16th straight week and is now under 4 percent for the first time since onset of the coronavirus pandemic, the Mortgage Bankers Association reported Monday.

Share of Mortgage Loans in Forbearance Falls Under 4%

The share of mortgage loans in forbearance fell for the 16th straight week and is now under 4 percent for the first time since onset of the coronavirus pandemic, the Mortgage Bankers Association reported Monday.

Share of Mortgage Loans in Forbearance Decreases to 4.04%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 12 basis points to 4.04% of servicers’ portfolio volume as of June 6 from 4.16% the prior week–the 15th consecutive week of declines.

Share of Mortgage Loans in Forbearance Decreases to 4.04%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 12 basis points to 4.04% of servicers’ portfolio volume as of June 6 from 4.16% the prior week–the 15th consecutive week of declines.

The Week Ahead—June 15, 2021

Good morning! While Congress continues to work out a compromise on infrastructure legislation, eyes shift to Foggy Bottom, where the Federal Open Market Committee meets this week to figure out if inflation has become a problem.