MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 5.05%”

Note: This is as of March 14th. From the MBA: Share of Mortgage Loans in Forbearance Decreases to 5.05% The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 5.14% of servicers’ portfolio volume in the prior week […]

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Nearly 25% of all loans, credit cards and mortgages are in financial hardship programs

As of June, 24.6% of all consumer credit products, including credit cards, mortgages, auto loans and personal loans are in some type of financial hardship program, according to TransUnion….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The Web

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