Tag Archives: Forbearance and Call Volume Survey

An improvement in overall economic conditions is allowing more homeowners to regain their pre-pandemic financial footing, with the share of loans in forbearance sliding for the 17th consecutive week.

For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength.

The number of U.S. homeowners in forbearance declined for the 14th consecutive week, with the Bureau of Labor Statistics reporting strong job gains in May as more exit their plans.

An upcoming DS News-hosted webinar will discuss concerns and solutions that servicers have about ensuring a smooth transition for homeowners soon exiting their forbearance plans.

Overall forbearance volume may have declined, but the number of homeowners requiring additional assistance rose, despite an improvement in initial unemployment claims.

Over the past 60 days, the number of U.S. homeowners in forbearance plans has dropped from 2.5 million to nearly 2.1 million. Will improvements in the job market further expedite forbearance departures?

With more Americans returning to the workforce, the number of homeowners in forbearance plans dropped for the 12th straight week.

As the nation continues to shake the dust off from the pandemic, more homeowners are moving out of forbearance plans and returning to economic stability.

Despite a drop in unemployment claims and an overall improved economic outlook, forbearance volume declined marginally this week, dipping just one basis point over the previous week.

As a number of Americans return to the workforce, an increasing amount are exiting their forbearance plans and the housing market pushes for a return to pre-pandemic levels.