by Jesse Williams | Nov 2, 2021 | Consumer, Industry News, Latest News, National, News |
The total number of loans now in forbearance decreased by 6 basis points to 2.15% of servicers’ portfolio volume as of Oct. 24, 2021. According to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey, 1.1 million homeowners...
by Brit Owen | Sep 28, 2021 | Industry News, Latest News, National, News |
The Federal Housing Administration (FHA) announced new and extended COVID-19 relief options for borrowers recently or newly struggling to make their mortgage payments because of the pandemic and for senior homeowners with Home Equity Conversion Mortgages (HECMs) who...
by Brit Owen | Sep 27, 2021 | Latest News, Lead Story, National, News |
Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, according to the Federal Housing Finance Agency (FHFA). However, this will be subject to the continued tenant protections FHFA has imposed...
by Beth McGuire | Aug 31, 2021 | Industry News, Latest News, National, News |
The percentage of mortgages currently in forbearance remained almost entirely flat at 3.25%, according to the latest report from the Mortgage Bankers Association (MBA), though the industry expects a “sharp” increase in forbearance exits over the next month...
by Brit Owen | Aug 10, 2021 | Industry News, Latest News, National, News |
The total number of loans now in forbearance decreased by 7 basis points from 3.47% of servicers’ portfolio volume in the prior week to 3.40% as of Aug. 1, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. The MBA...