Servicers’ forbearance portfolio volume dropped yet again, this time falling 11 basis points to 3.76% in the period ending July 4, according to a survey from the Mortgage Bankers Association. It’s the 19th straight week of forbearance decreases. The MBA estimates that 1.9 million homeowners are currently in forbearance plans. The share of Fannie Mae and Freddie Mac loans in forbearance decreased eight basis […more]
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