Chris Frankie

Chris Frankie

COVID-19 Relief Law Includes Help for Mortgage Borrowers

Among the provisions in the $1.9 trillion fiscal relief plan signed by President Biden is $10 billion for states and cities to support homeowners who are in foreclosure or behind on their mortgage payments. So reports USA Today.

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Forbearance Rate Below 5% For 1st Time Since April: Black Knight

This week saw the largest weekly decline in forbearance plans since early January, according to Black Knight’s McDash Flash Forbearance Tracker. Active plans fell by 77,000 from the prior Tuesday, a 2.9% decline.

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Bodnar of MMG: Big Questions on New Bonds and Inflation

Rates were pretty much unchanged week over week on what was a volatile few days, according to Bill Bodnar of The Mortgage Market Guide (MMG).

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