Mortgage modifications are on the rise, MBA says

Sep 14, 2020 |

Forbearance exits measuring how many borrowers cancelled agreements to suspend mortgage payments rose to a one-month high in September’s first week, led by a surge in loan modifications, according to a report from the Mortgage Bankers Association on Monday. Total exits from forbearance rose to 0.23% of servicers’ portfolios in the first week of September, […more]

Posted in: San Francisco

Comments are closed.