The total number of servicers’ loans in forbearance has dropped for two months, however, forbearance portfolio volume fell just one basis point last week to an average of 4.49%, according to the Mortgage Bankers Association.

Last week’s drop paled in comparison to the 40 basis point decline the previous two weeks had seen, and was likely the result of some investor categories remaining unchanged from the week prior, while others fluctuated. For instance, the share of Fannie Mae and Freddie Mac loans in forbearance remained the same relative to the prior week at details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com