Tag Archives: U.S. Department of Labor

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

Default rates continue to decline as pandemic-related financial distress across the country continues to ease for homeowners.

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.

Fannie Mae’s latest Home Purchase Sentiment Index (HPSI) decreased by just 0.3 points in June to 79.7, despite even greater volatility among the Index’s underlying components, up 3.2 points compared to the same time last year. The HPSI’s "Good Time ...

The share of U.S. homeowners in forbearance has dropped below two million, as bright spots in the U.S. economy and positive movement in unemployment claims is allowing more to resume their monthly payments.

A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.

In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.

The number of U.S. homeowners in forbearance declined for the 14th consecutive week, with the Bureau of Labor Statistics reporting strong job gains in May as more exit their plans.