Weekly declines of 14,000 among GSE loans, and 2,000 among portfolio-held and privately securitized loans, were partially offset by a 5,000 increase in forbearance plans among FHA/VA loans.
As of Oct. 20, nearly three million borrowers remain in active COVID-19 forbearance plans, representing 5.6% of first lien mortgages
Despite the limited improvement, overall forbearance volumes are down 623,000 (-17%) month-over-month, driven by the strong improvement seen in early October.
