Author: PROGRESS In Lending

Forbearance DataIn The News

Share Of Mortgage Loans In Forbearance Decreases Slightly To 0.47% In December

The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.50% of servicers’ portfolio volume in the prior month to 0.47% as of December 31, 2024. According to MBA’s estimate, 235,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to approximately 8.5 million borrowers since March 2020.

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AffordabilityIn The News

LenderLogix Q4 2024 Homebuyer Intelligence Report Data Indicates Possible Improvement In Affordability

LenderLogix released the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the fourth quarter (Q4) of 2024. Here’s what the report concluded:

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