Mortgages in forbearance dropped to the lowest level in two months. Home loans in forbearance made up 7.8 percent of servicers’ portfolios for the week ending July 12, according to figures released Monday by the Mortgage Bankers Association. That’s down from 8.18 percent for the week ending July 5 and from 8.39 percent for the week prior. About 3.9 million homeowners are now in forbearance plans. Homeowners often request forbearance in times of hardship, when
source https://therealdeal.com/2020/07/21/trd-insights-home-loan-forbearance-hits-lowest-level-in-months/
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