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Home > Archives for October 2021

Archives for October 2021

Forbearance Update: Declining Volumes as Agreements Expire

October 20, 2021 by mthomas Leave a Comment

The latest Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA) shows that the total number of loans now in forbearance decreased by 34 basis points from 2.62% of servicers’ portfolio volume in the prior week to 2.28% as of October 10, 2021. The MBA now estimates that approximately 1.1 million U.S. homeowners are in forbearance plans. By type, the share of Fannie Mae Continue Reading

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Michael Thomas is one of the leading real estate brokers in San Diego, California. He is endorsed by the National Association of Realtors as a Seller Representative Specialist, Accredited Buyer Representative, as well as Short Sale & Foreclosure Certified. As a lifelong resident of San Diego with a Master’s Degree in Business Administration, he’s uniquely qualified to help San Diegans achieve their real estate goals.

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