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

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 28^th. 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/