Servicers’ forbearance portfolio volume dropped last week to a level below 3.00% for the first time in 18 months. The total number of loans in forbearance decreased by four basis points to 2.96% as of Sept. 19, according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping […more]
Posted in: San Francisco
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