The Mortgage Bankers Association‘s (MBA) latest Forbearance and Call Volume Survey shows that the total number of loans now in forbearance decreased by 7 basis points from 2.28% of servicers’ portfolio volume in the prior week to 2.21% as of October 17, 2021. According to MBA’s estimate, 1.1 million homeowners are in forbearance plans.
The share of Fannie Mae and Freddie Mac loans in forbearance decreased 5 basis points to 1%. Ginnie Mae loans