The latest data from Black Knight’s Forbearance Tracker shows that as of May 7, nearly 4.1 million homeowners are in forbearance programs with their lenders. Together, they represent 7.7% of the entire active mortgage universe and $890 billion in unpaid principal and account for 6.4% of all GSE-backed loans and 11% of FHA/VA loans.
source: https://www.blackknightinc.com/blog-posts/nearly-4-1-million-homeowners-in-mortgage-forbearance/
This publication is for informational purposes only and does not constitute an opinion of MDK.
Do not rely on this publication without seeking legal counsel.