Forbearance

February 7, 2022

Forbearance Rate Rises With Loan Credit Risk

CoreLogic data shows that the forbearance rates were increased for higher-priced loans.

September 30, 2021

More than 1.2 Million Loans to Exit Forbearance in the Coming Wave ...

18 months after the passage of the CARES Act, which provided millions of homeowners the protection of COVID-19 payment forbearance, many mortgage loans are expected to reach the end of forbearance.

September 8, 2021

18 Months Later, How is COVID-19 Affecting the Housing Economy?

In this episode, Dr. Frank Nothaft and Maiclaire Bolton Smith provide a status update: When will home prices come down? What will happen when the forbearance moratorium ends, and what’s in store in 2022?

August 25, 2021

Potential Hotspots for Distressed Sales

While many consumers are planning to buy homes, cars, and major appliances, there are still about 2 million homeowners behind on their mortgage payments and/or in forbearance programs.

August 9, 2021

Sufficient Equity for Borrowers in Forbearance Across the Country

While many consumers are planning to buy homes, cars and major appliances in the coming months, there are still about 2 million homeowners behind on their mortgage payments and/or in forbearance programs.

April 2, 2021

Homeowners with Low Equity May Be in Trouble

Robust home price growth, which averaged 5.7% nationally over the last year according to the CoreLogic Home Price Index , drove equity of America’s homeowners with a mortgage up by more than $1.5 trillion. Added together across all homeowners in the U.S., home equity has grown more than...

March 26, 2021

More Than Two Million Forbearance Plans Are Likely in New Forbearan...

New Extensions May Afford Hard-Hit Homeowners Opportunity to Find Financial Footing Recent announcements of forbearance extension by the Federal Housing Finance Agency (FHFA) came on the heels of millions of forbearance plans that are about to expire at the end of March under the CARES Act. ...

December 18, 2020

Forbearance Rates Higher for Higher-Priced Loans

Higher-Priced Mortgage Loans Are at More Risk when COVID-19 Forbearance Ends As the COVID-19 global pandemic has created a havoc in the global economy, millions of American homeowners are struggling to keep up with their mortgage payments. As of December 1, MBA data showed about 2.8 mil...