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Improvements in the nation’s jobs numbers have increased the number of forbearance exits as estimated total of just one million homeowners remain in forbearance plans.
Read More »Share of Loans in Forbearance Inches Closer to 2% Mark
Home / Tag Archives: Repayment Plans
The Exchange: How Freddie Mac Is Working With Servicers
In this exclusive interview, DS News gains insights from Kevin Palmer, Freddie Mac’s SVP of Single-Family Portfolio Management.
Read More »Forbearance Exits Continue to Rise as Re-Entries Decline
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.
Read More »Retention Actions Down Overall, But Up As Share of Serious Delinquencies
In Q1 2015, Black Knight found that about 15 percent of seriously delinquent mortgage loans participated in a home retention program each month, while nearly 20 percent of serious delinquent borrowers were actively in an active trial mod or repayment plan at the end of April. Home retention actions included permanent proprietary mods and permanent mods through the government's Home Affordable Modification Program (HAMP).
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