The share of mortgages in COVID-19-related forbearance plans fell to 4.16% of servicers’ portfolio volume during the week ended May 30, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey.
However, the pace of forbearance exits continues to be sluggish: That’s down from 4.18% the previous week.
As of the end of the month, roughly 2.1 million homeowners were still in forbearance plans, according to the MBA.
The share of
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
