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Mortgage Forbearance Rate Only Rises 3% From a Week Ago, But Second Wave Could Be Coming

Maybe there’s some good news out there, or maybe it’s just the calm before another storm. The mortgage forbearance rate barely budged during the week ending May 10th, per the latest installment of the Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA). The group said the total number of loans in forbearance [&hellip
Source: Mortgage