Forbearance rate drops below 1.5%

Jan 18, 2022 |

Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November, according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans […more]

Posted in: San Francisco

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