Friday, September 4, 2020

Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased

Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. This data is as of September 1st. From Forbearances Improve Slightly After holding flat for the last couple of weeks, the total number of mortgages in active forbearance saw stronger than expected improvement, with the number of active forbearance plans declining by 147k (-4%) over the past week. Active forbearances are now down about 1M (-21%) since the peak in May. According to Black Knight's McDash Flash Forbearance Tracker, as of September 1, 3.8M mortgages......(read more)
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