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
Posts published in “Mike Fratantoni”
The unemployment rate declined to 6.9 percent, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10…
A dip in prime age participation usually goes hand-in-hand with slower wage growth, according to Odeta Kushi, the deputy first economist at First American. Source:…
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…
Three chief economists share how FHA homeowners have been disproportionately impacted by 2020’s coronavirus-induced unemployment boom and what it means for next year’s market. Source:…
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
Mortgage applications decreased 0.8% week over week, even as rates stayed near historic lows. Source: Inman News