Loans in Forbearance Fell by 17K This Week; National Forbearance Rate Drops to 7.7%

Manley Deas Kochalski    July 31, 2020

The latest data from Black Knight shows 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 seen among GSE loans (-30K) as well as loans held in portfolio and private labeled securities (-5K), FHA/VA forbearances rose for the third consecutive week (+18K) reaching their highest level since early July.

source: https://www.blackknightinc.com/blog-posts/loans-in-forbearance-fell-by-17k-this-week-national-forbearance-rate-drops-to-7-7/

tags: foreclosure, Team MDK


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