Mortgage Forbearance Levels Down Slightly in March

HUD further revises servicing and claims requirements and loss mitigation options

In January 2025 the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2025-06 revising servicing and claims requirements and loss mitigation options for FHA insured mortgage loans effective February 2, 2026.   HUD recently issued Mortgagee Letter  2025-12 further revising the requirements and options effective October 1, 2025.... Continue Reading

Tax Season Gives Mortgage Performance a Bump - The MortgagePoint

A new report finds an uptick in loan performance during the month of March, as homeowners began to receive their tax refunds and recovery from recent natural disasters continued.

Share of Mortgage Loans in Forbearance Decreases in March

Industry Update April 21, 2025 Source: Mortgage Bankers Association The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’ portfolio volume in the prior month to 0.36% as of March 31, 2025. According to MBA’s estimate, 180,000 homeowners are in forbearance plans. Mortgage servicers have provided approximately 8.6 milli…

Mortgage Forbearance Levels Down Slightly in March

The five states with the highest share of loans that were current as a percent of servicing portfolio are Washington, Idaho, Alaska, Oregon, and Colorado. Continue Reading Mortgage Forbearance Levels Down Slightly in March The post Mortgage Forbearance Levels Down Slightly in March appeared first on Weekly Real Estate News.