Tag: Mike Fratantoni

Loans in forbearance fell to under 3 percent for the first time since March 2020, the Mortgage Bankers Association reported Monday.

Mortgage loans in forbearance fell to yet another post-pandemic low and threatened to fall under 3 percent for the first time in more than a year and a half, the Mortgage Bankers Association reported on Monday.

Forbearance exits saw their fastest pace since March, the Mortgage Bankers Association reported Monday afternoon in its weekly Forbearance and Call Volume Survey.

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.

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.

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.

New forbearance requests fell to a three-week low, the Mortgage Bankers Association reported Monday.

Loans in forbearance fell for the 21st consecutive week, the Mortgage Bankers Association said on Monday.