Friday, October 2, 2020

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

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 29th. From Forbearances up Slightly, First Rise in 6 Weeks According to the latest weekly snapshot of Black Knight's McDash Flash daily forbearance tracking data, the number of mortgages in active forbearance increased for the first time in six weeks, as plans rose by 21,000 over the last seven days . The increase was driven primarily by an uptick among portfolio-held and private labeled security loans which rose by 28,000 for the week.......(read more)
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