Forbearance Rate Falls Again

The Mortgage Bankers Association reported that the forbearance rate fell to 1.3% in January from 1.41% in December. This translated into approximately 650,000 homeowners who were in forbearance as of January 31st. This metric has only been calculated by the MBA for...

The Rent Is Due Part 1

According to a number of different studies and reports, the amount of unpaid rent by December 2020 could reach billions of dollars. This is the result of the accumulation of job losses, furloughs, closed businesses, shutdowns and lockdowns. According to some research,...

Less Homes in Forbearance

Black Knight reported on their website that “that the number of loans in forbearance fell by 17K this week, dropping the national forbearance rate to 7.7%. There are now 4.1M loans that remain in active forbearance as of July 28th. While noticeable declines were...