How many homeowners remain in active forbearance plans, and how many of those continue remain current on their mortgage payments?
Read More »Forbearance Activity Ended 2020 on a Flat Note
New data published by the Mortgage Bankers Association (MBA) has determined the number of mortgages now in forbearance remained mostly flat at the tail end of December. According to the MBA’s latest Forbearance and Call Volume Survey, 5.53% of servicers’ ...
Read More »Possible Solutions for Borrowers Unable to Make Payments
Based on its recent research and panel discussions, the Urban Institute on Friday published "Three Ways to Help 3.2 Million Struggling Homeowners." The Institute has discovered that while some 3.7 million homeowners, as of November, had resumed mortgage payments and ...
Read More »A Week of ‘Strong Forbearance Improvement’
After declining by 5% last week, the number of mortgage loans actively in forbearance dropped again this past week, according to Black Knight, which calls the week of November 3-10 one of "strong forbearance improvement." "The decline was seen across ...
Read More »How the CFPB is Helping Homeowners Struggling with Payments
The pandemic, along with the economic downturn it has caused, leaves homeowners across the country struggling to meet their mortgage payments. This has put more pressure on the Consumer Financial Protection Bureau (CFPB) to find ways of helping homeowners who ...
Read More »Number of Active Forbearances Experiences a Spike
According to the daily loan-level data on the Black Knight blog, the numbers of mortgages in active forbearance increased for the first time in six weeks. Those totals increased by 21,000 week-over-week. The spike was abetted mainly by a bounce ...
Read More »Forbearance Survey: Certain Borrowers ‘Disproportionately Impacted’
Fannie Mae and Freddie Mac loans in forbearance dropped while private loans and those owned by Ginnie Mae experienced an increase, according to the Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey. The total number of loans now ...
Read More »Could Home Price Surge Lead to Another Crash?
Even in the face of a pandemic, elevated unemployment, and a general nationwide recession, home prices have surged, researchers recently reported. “Prices are defying logic, expectations, and even belief, as they shoot up to record highs amid an unprecedented health and economic crisis,” ...
Read More »A Closer Look at Latest Forbearance Report
According to recent findings posted from Black Knight’s McDash Flash Forbearance Tracker, the number of mortgages in active forbearance stayed steady this past week, neither increasing or decreasing in any great way. Specific details released by Black Knight reveals a ...
Read More »How Many Mortgages Are Now in Forbearance?
The ongoing COVID-19 pandemic and expiration of expanded unemployment benefits continue to represent significant uncertainty for the weeks ahead, according to researchers.
Read More »