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.
Read More »Forbearance Exits Jump to Quickest Pace Since March
he number of Americans currently in forbearance plans hit approximately 1.5 million homeowners this week, as forbearance volume dove 15 basis points from the previous week.
Read More »Forbearance Volume Tails Off on Strength of August Jobs Report
After weeks of leveling off, the share of mortgage loans in forbearance plans dipped this week, with a large shift in the location of many FHA and VA loans, which were bought out of Ginnie Mae pools and moved onto servicer balance sheets.
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 »The Week Ahead: Will Unemployment Uptick Slow Forbearance Exits?
The recent rise in Covid variant cases is again impacting the nation’s job force, with recent forbearance exits slowing their pace.
Read More »Forbearance Volume Begins to Plateau
Overall forbearance volume slid slightly this week, as the MBA reported exits hit their slowest pace in more than a year.
Read More »Number of Americans in Forbearance Plans Continues to Fall
Strong July jobs numbers point to more homeowners exiting forbearance plans in the coming months, as the number of homeowners in plans slides yet another week.
Read More »Share of Forbearance Volume Cools to Near Halt
After continued declines in the share of forbearance plans, totals this week nearly plateaued, with many homeowners still in need the relief provided.
Read More »Forbearance Rate Slows to 3.48% of Servicers’ Volume
The number of Americans in forbearance plans declined slightly last week, yet marked the 21st straight week of declines for this metric.
Read More »Forbearance Exits Heat Up
For the 20th consecutive week, the share of homeowners in forbearance plans declined as more return to the workforce and the economic continues to exhibit signs of recovery.
Read More »