Forbearances Rose Due To Mid-Month Slowdown
Another mid-month slowdown in exits brought on a 1% increase in active forbearance plan totals, according to Black Knight’s blog, Vision. Approximately 8,000 homeowners entered new forbearance plans this week. Loans held by portfolio and PSLs had the largest increase, with a 4.5% jump of 12,000 new plans. FHA/VA loans in forbearance fell by 4,000,…