Monday, 13 July 2020

TRD Insights: Home loan forbearance rates fall for fourth week

Mortgages in forbearance fell for the fourth consecutive week as many Americans returned to work after being furloughed or laid off. Home loans in forbearance made up 8.18 percent of servicers’ portfolios for the week ending July 5, according to figures released Monday by the Mortgage Bankers Association. That’s down from 8.39 percent for the week ending June 28 and from 8.47 percent for the week prior. Roughly 4.1 million homeowners are now in forbearance



source https://therealdeal.com/2020/07/13/trd-insights-home-loan-forbearance-rates-fall-for-fourth-week/

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