Forbearance rate dips to 1.67% in November

Dec 20, 2021 |

The share of mortgage loans in forbearance decreased by 39 basis points to 1.67% as of Nov. 30, according to the Mortgage Bankers Association (MBA), the latest sign that the sun is setting on loan forbearance agreements hammered out under the CARES Act. Under COVID-19 legislation signed by President Donald Trump in April 2020, many homeowners […more]

Posted in: San Francisco

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