The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey is showing that the total number of loans now in forbearance has decreased by 14 basis points from 3.4% of servicers’ portfolio volume in the prior week to 3.26% as of August 8, 2021. According to MBA’s estimate, 1.6 million homeowners are in forbearance plans.
The share of Fannie Mae and Freddie Mac loans in forbearance decreased 5 basis points to 1.69%. Ginnie