Tuesday, 12 May 2020

TRD Insights: MBA finds 8% of home loans in forbearance

The share of home loans in forbearance grew again last week, according to figures released Monday by the Mortgage Bankers association. Mortgages in forbearance made up 7.9 percent of servicers’ portfolios for the week. That was up from 7.5 percent the week ending April 26 and 7 percent for the week before that. The figure was rarely higher than 1 percent before the coronavirus pandemic. The forbearance share for the first week of March, for



source https://therealdeal.com/2020/05/12/trd-insights-mba-finds-8-of-home-loans-in-forbearance/

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