The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 24 basis points to 4.66% of servicers’ portfolio volume as of Apr. 4, from 4.90% the prior week. MBA now estimates 2.3 million homeowners are in forbearance plans.
CoreLogic, Irvine, Calif., said while mortgage delinquencies rose month over month in January, overall delinquency rates fell for the fifth straight month to the lowest level since last March.
The Consumer Financial Protection Bureau on Wednesday proposed extending the effective date of two recent debt collection rules to give affected parties more time to comply due to the ongoing COVID-19 pandemic.
Single-family homeowners saw their property taxes rise on average by 5.4 percent in 2020, to a nationwide total of $323 billion, reported ATTOM Data Solutions, Irvine, Calif.