The U.S. forbearance rate was flat again last week at 5.38%, as a rise in portfolio loan and private label security forbearances offset declines for government-backed and government-insured loans, according to a survey from the Mortgage Bankers Association on Monday. Fannie Mae and Freddie Mac once again claimed the smallest forbearance rate at 3.1% – a 1-basis-point improvement, and […more]
Posted in: San Francisco
Comments are closed.