MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 7.67%" of Portfolio Volume

Note: This is as of July 26th.  The report next week (through Aug 2nd) might show some impact from the delay of the disaster relief package. From the MBA: Share of Mortgage Loans in Forbearance Decreases for Seventh Straight Week to 7.67% The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 7.74% of servicers' portfolio volume in the prior week to 7.67% as of July 26, 2020 . According to MBA's estimate, 3.8 million homeowners are in forbearance plans . ... "The......(read more)

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