Number of Loans in Forbearance Decreased in May

Washington, DC, June 9, 2021-The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by two basis points from 4.18% of servicers' portfolio volume in the prior week to 4.16% as of May 30, 2021. 

According to MBA's estimate, 2.1 million homeowners are in forbearance plans.