Loans in forbearance grow to 3.8 million, but requests are slowing

According to the latest Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA), forbearance numbers increased again last week in aggregate, but the rate of their growth is slowing. MBA estimates about 7.54% of the loans in servicers’ portfolios were in forbearance as of April 26, up from 6.99% a week earlier. A … Continue reading Loans in forbearance grow to 3.8 million, but requests are slowing