Forbearance Plans Drop
Active forbearance plans fell by 29,000 plans (-4%) last week, according to Black Knight’s blog, Vision. Forborne loans held by portfolios and PSL dropped 22,000 (-8%), while GSE plans fell by 8,000 (-2%). FHA/VA loans in forbearance fell by 1,000 (0.4%). After falling last week, restarts once again rose while new plan starts remained the…