Boston Real Estate Investors Association

Number of Mortgages in Active Forbearance Continues to Fall

Number of Mortgages in Active Forbearance Continues to Fall

Black Knight is reporting that the number of mortgages in active forbearance fell for the third week in a row in mid-June.  According to data, the number of active forbearance plans was down 158k from the peak during the week of May 22.  In addition, as of mid-June, there were, 4.6 million homeowners in forbearance plans, representing 8.7% of all active mortgages, accounting for just over $ 1 trillion in unpaid principal ($ 1,012 billion).

Click here to read the full report at Black Knight.

 

The post Number of Mortgages in Active Forbearance Continues to Fall appeared first on Real Estate Investing Today.

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