Almost 4.3 million mortgages were in forbearance during May’s final week, representing 8.53% of outstanding home loans, the Mortgage Bankers Association said on Monday. The numbers increased from 4.2 million mortgages in the prior week, which accounted for an 8.46% share, MBA said. Private-label loans led the increase, rising to a 10% share from 9.67%, […more]
Posted in: San Francisco
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