Total loans in forbearance decreased by 2 basis points in August from July: from 0.74% to 0.72%. According to MBA’s estimate, 360,000 homeowners are in forbearance plans. 32.1% of total loans in ...
Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, when you have a financial hardship. When forbearance ends, you may ask for an extension, modify your ...
Homeowners suffering pandemic-related hardship that need assistance with their mortgage payments still have time to enroll in a COVID-19 forbearance plan, the Federal Housing Administration (FHA) ...
Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, during a period of financial hardship. If you’re unable to resume payments when forbearance ends, you may ...
Forbearance declined at a steady pace across the board last week, with many borrowers having already reached the end of their 18-month period provided by the CARES Act. The total number of loans in ...
The original version of this story was published on The Legal Intelligencer The Consumer Financial Protection Bureau has sued two student financial aid companies, alleging they failed to provide ...
Blame it on politics, and on the Federal Communications Commission. Six months after the U.S. Bankruptcy Court for the Southern District of Texas approved Audacy Inc.‘s restructuring plan, the FCC’s ...
The number of loans in forbearance declined by 18,000 during the week ended September 21 and by another 11,000 during the week ended September 28. The declines over the two weeks brought the total ...
Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in ...