For the first time since April, forbearances fall below 3 million

Oct 9, 2020 |

After a slight uptick the previous week, mortgages in active forbearance plummeted 18%, marking the first time since mid-April the total number of plans fell below 3 million, Black Knight said in a report on Friday. As of Oct. 6, 2.97 million homeowners remain in COVID-19-related forbearance plans, representing $614 billion in unpaid principal. According […more]

Posted in: San Francisco

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