Ginnie Mae’s November new MBS issuance supports the financing of more than 122,000 households nationwide, including more than 55,600 first-time homebuyers.
Read More »Ginnie Mae Forbearances Increase, Again
The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.
Read More »Forbearance Volume Rises for First Time in 29 Months
The impact of Hurricane Ian in the Southeast U.S. forced the share of mortgage loans in forbearance slightly upward in October, as an approximately 350,000 U.S. homeowners are now in forbearance plans.
Read More »Recession in the Forecast for 2023
A new outlook from MBA economists predict a recession in 2023, significant staffing cuts, and falling origination, and purchase volumes.
Read More »Ginnie Mae Loans in Forbearance Rise in August
While overall mortgage servicers’ portfolio volume of loans in forbearance continues to dwindle, Ginnie Mae loans in forbearance increased in August, with approximately 360,000 U.S. homeowners currently in forbearance plans.
Read More »Have Forbearances ‘Reached a Floor?’
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 »How Economic Indicators Are Impacting Delinquency Rates, Foreclosures
Delinquency rates hit an all-time low during the second quarter of 2022 finally settling at a seasonally adjusted rate of 3.64% of all outstanding residential loans according to the latest iteration of the National Delinquency Survey published by the Mortgage ...
Read More »Pace of Monthly Forbearance Exits Slows in May
The MBA reports that the share of U.S. loans in forbearance fell to 0.85% in May. However, the report cautious that pressure may be placed on those in workout options due to inflation and a rise in rates.
Read More »Pace of Forbearance Exits Hits Two-Year Low
With nearly 470,000 nationwide currently in forbearance plans, strong employment numbers are helping homeowners regain their financial footing despite lingering inflationary concerns.
Read More »Forbearance Exits Continue to Rise
The number of homeowners in forbearance plans fell further in December, as the MBA estimates that just 705,000 U.S. homeowners are currently in some stage of forbearance.
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