MBA: Share of Mortgage Loans in Forbearance Increases to 7.54%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed the number of loans now in forbearance increased from 6.99% of servicers’ portfolio volume in the prior week to 7.54% as of April 26. According to MBA’s estimate, a total of 3.80 million homeowners are now in forbearance plans.

MBA Launches Consumer Ad Campaign

The Mortgage Bankers Association launched a digital advertising campaign designed to help consumers facing financial challenges as a result of the COVID-19 pandemic and show how the mortgage industry is helping consumers through the coronavirus pandemic.

MBA Launches Consumer Ad Campaign

The Mortgage Bankers Association this week launched a digital advertising campaign designed to help consumers facing financial challenges as a result of the COVID-19 pandemic and show how the mortgage industry is helping consumers through the coronavirus pandemic.