The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.
Read More »Update: How Many Mortgages Are Still in Forbearance?
New dataset finds approximately 1.01 million mortgage holders remain in pandemic-related forbearance plans, accounting for approximately $188 billion in total unpaid principal balance (UPB).
Read More »GSEs Report Strong Q3 Results
Fannie Mae reported gains in net revenues in the third quarter of 2021, and Freddie Mac experienced a 4% rise, spurred by mortgage portfolio growth and higher average G-fees.
Read More »Lenders to Focus on Servicing to Achieve Financial Goals
A new forecast by the MBA finds that while originations are expected to decline 33% from this year, lenders will turn their attention to their servicing business in order to meet profit margins.
Read More »Active Forbearance Numbers Continue To Drop
As the market expected, the number of active forbearance cases significantly decreased for the second week in a row as the first wave of final plan expirations continues. According to Black Knight’s McDash Flash daily forebarance tracking dataset, active plans fell by another 10%, for an overall reduction of 143,000 since ...
Read More »Forbearance Plan Volume and Exits Slow Their Pace
As many approach the 18-month mark since entering forbearance plans, the number of exits has diminished, with overall volume changing little over the previous week.
Read More »Servicers Pivot to Keep Borrowers at the Forefront
A recent DSNews webinar broke down the role servicers have played in keeping Americans in their homes over the past year, and how the industry has benefitted from the experiences over the past year moving forward.
Read More »Ginnie Mae Reports 288,000-Plus Homes Financed in May
For the 10th straight month, Ginnie Mae MBS issuance has surpassed the $75 billion mark, keeping pace after a record month in April.
Read More »The Week Ahead: Nearing the Forbearance Exit
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?
Read More »Forbearances Fall With Job Market in Recovery Mode
With more Americans returning to the workforce, the number of homeowners in forbearance plans dropped for the 12th straight week.
Read More »