Mortgage Forbearances

Mortgage Forbearances Down 27 Basis Points

Mortgage Bankers Say Mortgage Forbearance Decreased To 2.62%. Ginnie Mae’s Portfolio Finally Below 3% The Mortgage Bankers Association is saying mortgage forbearances are down .27%. They also stated that forbearance portfolio volume declined at the fastest rate in a year. This is in part to mortgage holders exit COVID-19 plans. Exits are expected to pick up […]

Mortgage Forbearance Alert

Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends

MORTGAGE FORBEARANCE ALERT! Don’t Be Caught Facing Foreclosure. You Have Options! MORTGAGE FORBEARANCE ALERT! Some homeowners will soon come to the end of their 18-month mortgage forbearance period. As a result, borrowers affected by the pandemic will have to figure out how to repay their back payments. Fortunately, most loan servicers don’t want to foreclose. […]

mortgage industry

Mortgage Industry Says Foreclosures Will Skyrocket In August

Mortgage Industry Warns Foreclosures Will Skyrocket In August If COVID-19 Relief Is Stopped  The mortgage industry has been sounding the alarm bells in Washington for several months about extending COVID-19 relief. Now, the Federal Reserve Bank of Atlanta has also joined the orchestra of alarm bells. The industry is warning that this time the flood […]

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