MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 1.41% in December 2021
Industry Update
January 18, 2022
Source: Calculated Risk
The Mortgage Bankers Association’s (MBA) new monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of December 31, 2021. According to MBA’s estimate, 705,000 homeowners are in forbearance plans.
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