Loans in forbearance fell for the twenty-second consecutive week, the Mortgage Bankers Association said on Monday.
Category: News and Trends
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“Forbearance exits remained low, and there was another increase in new forbearance requests, particularly for Ginnie Mae and portfolio and private-label securities loans. The net result was another slight decline in the share of loans in forbearance.” –MBA Senior Vice President and Chief Economist Mike Fratantoni.
MBA MAA ‘Call to Action’ on GSE ‘G-Fees’
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Share of Mortgage Loans in Forbearance Slightly Dips to 3.48%
Loans in forbearance fell for the 21st consecutive week, the Mortgage Bankers Association said on Monday.