The total number of mortgages now in forbearance dipped by 2 basis points from 0.38% of servicers’ portfolio volume in February to 0.36% by the end of March, according to data from the Mortgage Bankers Association (MBA), which estimated 180,000 homeowners are in...
A new bill has been introduced in the California legislature that will provide a temporary relief for homeowners impacted by the recent Los Angeles County wildfires. CBS News reports that the “Mortgage Relief for Disaster Survivors Act” would give...
Mortgage application activity and mortgage forbearance levels are falling, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.6% on a seasonally adjusted...
Mortgage application activity remained flat for the week ending Jan. 17, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.1% on a seasonally...