fbpx
Home / Industry / Banking & Finance / Lenders see modest rise in mortgages in forbearance (access required)

Lenders see modest rise in mortgages in forbearance (access required)

Around 4.2 million homeowners nationwide are now in forbearance, although the number rose more modestly during the most recent reporting period. The Mortgage Bankers Association (MBA) said the number of loans in forbearance climbed to 8.36 percent in the week ending May 17, up from 8.16 percent. "Although job losses continue at extremely high rates, mortgage servicers ...

Leave a Reply

Your email address will not be published.

x

Check Also

Regional Distributors was founded in 1994 and employs about 70 people. (Provided)

Regional Distributors keep moving (access required)

Around 4.2 million homeowners nationwide are now in forbearance, although the number rose more modestly during the most recent reporting ...