Friday, 10 July 2020

TRD Insights: Forbearance rates fall for third week

As many Americans returned to work, mortgages in forbearance fell for the third consecutive week. Home loans in forbearance made up 8.39 percent of servicers’ portfolios for the week ending June 28, according to figures released Monday by the Mortgage Bankers Association. That’s down from 8.47 percent for the week ending June 21 and from 8.48 percent for the week before. Nearly 4.2 million homeowners are now in forbearance plans, the lowest level in months.



source https://therealdeal.com/2020/07/10/trd-insights-forbearance-rates-fall-for-third-week/

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