Marina Walsh, CMB, MBA’s VP of Industry Analysis, reported that “FHA delinquencies rose 10 basis points compared to year ago levels. … As the economy slows and labor market cools, homeowners with FHA loans are likely to feel the distress first.”
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Upbeat Economy Brings Downturn in Forbearance Volume
With nearly 835,000 homeowners in forbearance plans, a recovering economy has hastened the pace of those entering permanent loan workout solutions.
Read More »The Week Ahead: The Evolution of Forbearance
With many 18-month forbearance terms coming to an end, a new report next week will better gauge the rate of true forbearance exits, compared to the volume of re-entries.
Read More »Forbearance Plans Continue to Decline
The number of Americans in stages of forbearance dips lower, a response to the addition of 850,000 jobs in the month of June.
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