Black Knight reports a second increase in the number
of loans in pandemic related forbearance
plans in as many weeks. Forborne loans
rose by 21,000 during the week ended February 23 after falling below 2.7
million for the first time since last April earlier this month. The company
said such mid-month increases have been typical in recent months. At of the end
of the reporting period there were 2.7 million homeowners in active plans, 5.1
percent of those with a mortgage, and representing an aggregate unpaid balance
of $537 billion.

 

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