RMBS Modifications and Repayments Increase Post-Forbearance

As pandemic forbearance plans continue to expire, borrowers are continuing to choose loan modifications and other repayment options going forward.  According to Fitch Ratings’ fourth-quarter 2021 Residential Mortgage Backed Servicer Metric Report, servicers reported a decline in loan modifications from 40% during the third quarter of 2021 to 24% in the fourth quarter. Repayment options, …

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Source: DS News

2022-04-13T16:01:53-06:00