The amount of mortgages in forbearance declined for the fifth straight week, from 8.18% to 7.8% the week ending July 12, 2020
The total number of mortgages in forbearance declined for the fourth consecutive week, from 8.39% of servicers' portfolio volume to 8.18% during the week ending July 5, 2020
During the week ending June 28, the total number of mortgage loans in forbearance dropped to 8.39 percent of servicers' portfolio volume from 8.47% the week prior
A new report from the Mortgage Bankers Association shows that about 4.2 million homeowners were in forbearance programs as of June 21
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access
During the week ending on June 14, mortgage loans in forbearance decreased to 8.48%, down from 8.55% the previous week, according to the MBA
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers' portfolio volume during the week ending on June 7, up from 8.53 percent the previous week
Despite a 0.07 week-over-week increase in forbearance requests, the Mortgage Bankers Association said homeowners' financial situations are turning around
4.2 million Americans are now using forbearance programs. However, the rate at which loans are going into forbearance is slowing, suggesting conditions are stabilizing
As of May 10, 8.16% of all mortgages were in forbearance, up from 7.91% on May 3 — the smallest increase since March, according to the Mortgage Bankers Association
The total number of mortgage loans in forbearance increased from 7.54% of servicers' portfolio volume. Ginnie Mae held the largest share of loans in forbearance
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