Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decline, Lowest Since May

Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. From Loans in Forbearance Decline for Third Consecutive Week to Lowest Rate Since May at 4.12M The latest data from the McDash Flash Forbearance Tracker shows that forbearance starts fell by 4% from last week. The number of loans in active forbearance declined for the 3rd consecutive week, falling by 27k from the previous week to 4.12M as of July 14th. An estimated 7.77% of all mortgages are now in active forbearance, down from 7.82% last week, marking the lowest......(read more)

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