Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan, a…
Posts published in “independent mortgage banks”
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to…
The number of mortgage loans in forbearance stayed constant from the previous week at 5.54 percent, according to the Mortgage Bankers Association. Source: Inman News
Mortgages in forbearance decreased from 6.93 percent to 6.87 percent during the week ending Sept. 20, according to the Mortgage Bankers Association. Source: Inman News
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of…
After 10-straight weeks of mortgage loans in forbearance declines, the total number of loans in forbearance appears to have flattened out at 7.2 percent. Source:…
For the eighth week in a row, total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans. Source:…
The total share of loans in forbearance dropped to 7.67 percent of servicers’ portfolio volume, according to the Mortgage Bankers Association. Source: Inman News
The number of mortgage loans in forbearance declined by 6 basis points, marking the sixth consecutive week loans in forbearance dropped. Source: Inman News
The total number of mortgages in forbearance declined for the fourth consecutive week, from 8.39 percent to 8.18 percent during the week ending July 5. …