The total share of home loans in coronavirus-fueled forbearance increased from 3.74% to 5.95% for the week ending April 12, according to the new Forbearance and Call Volume Survey published by the Mortgage Bankers Association. By investor type, Ginnie Mae-backed mortgages recorded the greatest increase in forbearance over the week, swelling from 5.89% to 8.26%. […more]
Posted in: San Francisco
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