Forbearance

Fannie and Freddie Loans in Forbearance Drop Below 1%

November 2nd, 2021
The total number of loans now in forbearance decreased by 6 basis points to 2.15% of servicers’ portfolio volume as of Oct. 24, 2021. According to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey, 1.1 million homeowners...

Forbearance Rates Continue Their Decline

November 9th, 2021
The total number of loans now in forbearance decreased by 9 basis points to 2.06% for the week ending Oct. 31, 2021. The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey estimates there are 1 million homeowners who...

Freddie Mac: Mortgage Relief Options Available for Those Affected by Tornado Outbreaks

December 15th, 2021
Freddie Mac recently reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas. “We encourage everyone to make their safety the priority,” said Bill Maguire,...

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