The share of loans in forbearance declined for the seventh consecutive week, with an overall nationwide economic recovery leading to a 40 basis point drop in forbearances over the past two weeks.
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Economic Recovery Drives Ongoing Forebearance Drop
Forbearance plans declined this week, as the economy begins to pick up steam and Americans get back on the road to financial recovery.
Read More »Loans in Forbearance Drop for Third Consecutive Week
With 2.6 million U.S. homeowners now in forbearance plans, a new report shows a continued slide as new forbearances drop to a survey low.
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