Mortgage Bankers Association Reports Decrease In Forbearance Rates For November 2023
National Mortgage Professional, Dec. 19, 2023-Christine Stuart
The Mortgage Bankers Association says there was a three basis point decrease in the total number of loans in forbearance. As of November 30, 2023, the forbearance rate stands at 0.26%, down from 0.29% in the previous month.
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