Equity and Rates Versus The Biggest Forbearance Expiration Wave Yet

Posted To: MND NewsWire

Both CoreLogic and Black Knight have looked at the million plus home loans that are still in forbearance as the majority of those borrowers are quickly approaching the end of their eligibility. While their analyses have taken different tacks, they agree that servicers will need to work with borrowers to ease the exit from forbearance and prevent a wave of foreclosures. CoreLogic says nearly three out of four of the remaining 1.7 million loans it estimates remain in forbearance (this is 200,000 to 300,000 more than the estimates from Black Knight and the Mortgage Bankers Association) will reach the maximum 18 month forbearance limit at the end of September. The company categorizes its analysis on a comparison between loans that are behind in their payments with those that, despite being in forbearance…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Equity and Rates Versus The Biggest Forbearance Expiration Wave Yet
Equity and Rates Versus The Biggest Forbearance Expiration Wave Yet

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *