The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance remained unchanged at 3.25% as of August 22. MBA estimates 1.6 million homeowners are in forbearance plans.
Tag: MBA Forbearance and Call Volume Survey
Share of Mortgage Loans in Forbearance Dips to 3.25%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 1 basis point to 3.25% of servicers’ portfolio volume as of August 15 from 3.26% the week prior. MBA estimates 1.6 million homeowners are in forbearance plans.
Share of Mortgage Loans in Forbearance Decreases to 3.26%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 14 basis points to 3.26% of servicers’ portfolio volume as of August 8 from 3.40% the previous week. MBA now estimates 1.6 million homeowners are in forbearance plans.
Share of Mortgage Loans in Forbearance Decreases to 3.40%
New forbearance requests fell to a three-week low, the Mortgage Bankers Association reported Monday.
Share of Mortgage Loans in Forbearance Slightly Decreases
Loans in forbearance fell for the twenty-second consecutive week, the Mortgage Bankers Association said on Monday.
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.
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“As is typical for mid-month reporting, forbearance exits slowed, and there was a slight increase in new requests. The net result was a small drop in the share of loans in forbearance – the 21st consecutive week of declines.”
–MBA Chief Economist Mike Fratantoni.
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“Forbearance exits edged up again last week and new forbearance requests dropped to their lowest level since last March, leading to the largest weekly drop in the forbearance share since last October and the 20th consecutive week of declines.” –Mike Fratantoni, MBA Senior Vice President and Chief Economist.
Share of Mortgage Loans in Forbearance Decreases to 3.76%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 11 basis points to 3.76% of servicers’ portfolio volume as of July 4 from 3.87% the week before,–the 19th consecutive weekly decline. MBA estimates 1.9 million homeowners are in forbearance plans.
MBA: Share of Mortgage Loans in Forbearance Falls 17th Straight Week
Loans in forbearance fell for the 17th straight week–and for the second straight week, remained below 4 percent–the Mortgage Bankers Association reported Monday.