Total loans in forbearance decreased by 2 basis points in August from July: from 0.74% to 0.72%. According to MBA’s estimate, 360,000 homeowners are in forbearance plans. 32.1% of total loans in ...

MBA said new requests and exits maintained a slow pace during the past week. A sharp increase in exits expected over the next month as forbearance plans end. The number of mortgage loans in ...

Mortgage forbearance is still a reality for many borrowers and servicers, more than 10 months after the Coronavirus Aid, Relief and Economic Security Act (CARES Act) took effect on March 27, 2020.

President Joe Biden's administration has worked to forgive or lower student loan repayments, but now one of the main programs helping millions of Americans is in court and borrowers are in forbearance ...

Did you wake up to an email on Friday stating your student loans are in forbearance? If so, you are one of eight million Americans. Borrowers enrolled in the SAVE (Saving on a Valuable Education) Plan ...

A new analysis by property analytics provider CoreLogic shows that nearly three-in-four loans (1.2 million loans) in forbearance reached the 18-month maximum limit as of the end of September.

Many Americans continue to experience economic hardships as a result of the COVID-19 pandemic. According to an October 5, 2020, Mortgage Bankers Association (MBA) estimate, 3.4 million homeowners are ...

The Education Department is placing some student-loan borrowers on the SAVE plan on forbearance as it recalculates their lower monthly payments.

Mortgage borrowers facing the end of their forbearance plans in March just received a reprieve, courtesy of the Federal Housing Finance Agency (FHFA). Initially, borrowers facing hardship due to the ...