As of October 27, there were more than 3 million active forbearances for the first time since early October, representing $619 billion in unpaid principal, Black Knight says.
The number of active forbearances was up by 31,000, or 1%, on the week.
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Mortgage forbearances have been on the rise once again, according to Black Knight.
As of October 27, there were more than 3 million active forbearances for the first time since early October, representing $619 billion in unpaid principal, Black Knight says.
The number of active forbearances was up by 31,000, or 1%, on the week.