Mortgages Ripe For Foreclosure Escalate

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The raw number of mortgages in active forebearance rose last week, driven by the share of loans in forebearance and rising from 5.2% to 5.3 % in private label securities or banks portfolios. The share of FHA and VA loans in forebearance also increased. Fannie Mae and Freddie Mac maintained their 3.5% portfolio share from the prior week.

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  1. Weekly Brief - February 22, 2021 – Michigan Real Estate News says:
    April 4, 2021 at 5:33 pm

    […] of your viewpoint, this extension does delay the potential impact of foreclosures on the residential market. As has been noted in several articles, residential prices are growing at […]

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