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Home > Archives for December 2021

Archives for December 2021

Upbeat Economy Brings Downturn in Forbearance Volume

December 23, 2021 by mthomas Leave a Comment

The Mortgage Bankers Association's (MBA) latest Loan Monitoring Survey has found that the number of U.S. loans in forbearance has dropped by 39 basis points from 2.06% of servicers' portfolio volume in the prior month, to 1.67% as of November 30, 2021. There are an estimated 835,000 U.S. homeowners who remain in forbearance plans nationwide. "The share of loans in forbearance in November 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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