A new survey commissioned by LendEDU found that low rates lured in new buyers, but now many are struggling to pay their mortgage. Source: Inman…
Posts published in “forbearance”
Despite the positive trend, the Mortgage Bankers Association estimates 3.6 million homeowners are in forbearance plans. Source: Inman News
A new survey shows that 57 percent of major multifamily developers reported delays to their projects earlier this month. Source: Inman News
As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have…
A new report from the Mortgage Bankers Association shows that about 4.2 million homeowners were in forbearance programs as of June 21. Source: Inman News
During the week ending June 14, mortgage loans in forbearance decreased to 8.48 percent, down from 8.55 percent the previous week, according to the Mortgage…
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…
In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Source: Inman News
The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst…