Tag Archives: Mortgage Bankers Association (MBA)

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.

The recent rise in Covid variant cases is again impacting the nation’s job force, with recent forbearance exits slowing their pace.

Mortgage servicers are seeking answers from technology to improve their operations with an ‘automation first’ strategy in a post-COVID market.

Overall forbearance volume slid slightly this week, as the MBA reported exits hit their slowest pace in more than a year.

The number of homeowners in forbearance plans tailed off yet again this week, as strong employment numbers and a growing economy are landing more back on solid financial footing.

After continued declines in the share of forbearance plans, totals this week nearly plateaued, with many homeowners still in need the relief provided.

The two agencies announced the renewal of protections for homeowners and tenants as a federal ban aiming to prevent a wave of homelessness expires this weekend.

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.

S&P CoreLogic Case-Shiller has found that home prices nationwide rose to new highs in May 2021, recording a 16.6% annual gain.

The number of Americans in forbearance plans declined slightly last week, yet marked the 21st straight week of declines for this metric.