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Mortgage Forbearance Levels Down Slightly in March

Mortgage Forbearance Levels Down Slightly in March

by Phil Hall | Apr 22, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

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 Forbearance Levels Go in Decline

Mortgage Application Activity and Forbearance Levels Go in Decline

by Phil Hall | Feb 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 is Dull, Forbearance Levels Drop

Mortgage Application Activity is Dull, Forbearance Levels Drop

by Phil Hall | Jan 22, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...

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