Forbearance Volume Milestone: Plans Dip Below 1.6M

The number of borrowers in COVID-19-related mortgage loan forbearance plans dipped below 1.6 million for the first time since the onset of the pandemic, according to the weekly report from Black Knight, whose data-analytics team has been tracking forbearance activity throughout. Overall, active forbearance plans dipped by 22,000, that’s -1.4%, Tuesday-Tuesday, bringing the number of …

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Source: DS News

2021-09-17T14:03:35-06:00