There was little change in the number of active
forbearance plans over the past week, but Black Knight reminds, in its regular
Friday report, that this it was simply another mid-month lull as servicers
finished processing the prior month’s expired plans. Even so, the number of
plans did decline for the seventh straight week
, even if it was by a mere 1,000
loans or 0.04 percent. There are 380,000 plans set to expire at the end of
April so Black Knight says the possibility remains of further improvement over
the next two weeks.
Even with the minimal decline of the past week, the number of outstanding plans is
still down by 296,000 (11.4 percent) over the last month.

 

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