The share of homeowners in forbearance continues to slide week-after-week, dropping this week to 2.89% of servicers’ volume, with nearly 1.4 million nationwide currently in plans.
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Mortgage Forbearance Volume Drops to 18-Month Low
Forbearance volume has dipped below the 3% mark for the first time since March 2020, despite a slight uptick in the number of Ginnie Mae loans in forbearance.
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