Tuesday’s Newsletter

In Tuesday’s Newsletter we discuss the good news that fewer people are missing mortgage payments but foreclosure concerns remain, we break down the Fight for $15 movement with the new CBO report, and CoreLogic predicts 2021 could be even better for housing than 2020 (Markets & Mortgages)

The latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased slightly from last week (Mortgage Bankers Association) Total loans now in forbearance decreased to 5.35% from 5.38% the week before Initial stage loans made up 16.52% of total loans in forbearance Forbearance extension made up 80.98% of total loans in forbearance