Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Black Knight: Number of Mortgages in Forbearance Declines

by
November 12, 2021
in Trading News
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Options Prop Trading Firm Reviews & Ratings: Where Should You Invest?

Stock Analysis Website Reviews & Ratings: Navigating the Best Options for Investors

by Calculated Risk on 11/12/2021 08:29:00 AM

This data is as of November 9th.

From Andy Walden at Black Knight: Mortgage Loans in Forbearance Drop Below 2% Entering November

Forbearance plan exit volumes increased week-over-week heading into November as the share of mortgage loans in forbearance fell below 2% for the first time since the early stages of the pandemic.

According to our McDash Flash daily mortgage performance dataset, the number of loans in active forbearance fell 123,000 (-10.8%). The week’s strongest declines were among loans held in bank portfolios and private label securities, which recorded a reduction of 59,000 (-15.9%). FHA/VA plans also showed significant improvement, declining by 48,000 (-11.3), while GSE loans in forbearance plans decreased by 16,000 (-4.8%).

As of November 9, 1.01 million mortgage holders remain in COVID-19 related forbearance plans, representing 1.9% of all active mortgages, including 1.2% of GSE, 3.1% of FHA/VA and 2.4% of portfolio/PLS loans.

Click on graph for larger image.

Nearly 300,000 borrowers have left their plans over the past two weeks down from 455,000 over the same two-week period last month as we hit the downslope of exit activity. That said, more than 250,000 plans are still listed with October/November reviews for extension/removal. Half of those are expected to reach final expiration, which could lead to continued improvement, albeit at a slower pace, in the weeks ahead.

Plan entries were down 9% from a week ago, logging one of the lowest weeks in terms of new entries since the onset of the pandemic.

emphasis added

ShareTweetPin

Related Posts

Options Prop Trading Firm Reviews & Ratings: Where Should You Invest?

by
September 23, 2023
0

Options prop trading involves buying and selling options contracts to generate profits, typically within a firm that provides the capital...

Stock Analysis Website Reviews & Ratings: Navigating the Best Options for Investors

by
September 23, 2023
0

With the growing complexity of the stock market and increasing investment options, it’s crucial to have accurate and timely information...

Stock Chat Room Reviews & Ratings: Unveiling the Best Options

by
September 23, 2023
0

Stock chat rooms have become indispensable tools in the toolkits of modern traders. In these digital spaces, traders of all...

Options Trading Alert Service Reviews & Ratings: What You Need to Know

by
September 23, 2023
0

Options trading alert services are crucial for any modern options trader. These services offer traders valuable insights, real-time alerts, and...

Stock Charting App Reviews & Ratings: Navigating the Best Options for Traders

by
September 23, 2023
0

Stock charting apps are vital for traders, investors, and market analysts. These specialized software platforms offer a range of features,...

Next Post

J&J plans to split into two companies, separating consumer products and pharmaceutical businesses

Dow futures rise more than 100 points after J&J shares pop on split news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net