Share of Loans In Forbearance Ticks Up In October
MBA estimates that 350,000 homeowners are seeking assistance.
MBA estimates that 350,000 homeowners are seeking assistance.
MBA says servicing continues to be the silver lining for IMBs.
A 4% jump in purchase applications led the 1st increase in 8 weeks.
Higher rates and the worsening outlook for the housing market and economy cited for decline.
MBA says Refinance Index is down 87%, Purchase Index is down 41% from last year.
MBA says rate volatility will be with us for a while.
Down 41% from a year ago