- Metro East REIA
Black Knight Says Forbearance Volume Up Slightly in May
Black Knight is reporting that forbearance volumes rose by 16k (+0.74%), in May, which they say is only the second increase over the past 12 weeks. As of May 18, 2021 there were 2.18 million (4.1% of homeowners) mortgages remaining in COVID-19-related forbearance plans. However they do point out that nearly 190k plans are still listed with May 2021 expiration dates. Continue reading HERE...