REACH THE RIGHT SOLUTION AT THE RIGHT TIME!
Contact NMSI
Welcome to Nationwide Management Services, Inc. Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
CONTACT US
 

Forbearances Decline as Initial Plans Expire; Rates Increasingly Focused on Stimulus

Forbearances Decline as Initial Plans Expire; Rates Increasingly Focused on Stimulus

The number of forbearance plans plunged last week as those that went into effect in the early days of the pandemic hit the end of their initial six-month terms. Black Knight said nearly one-fifth of the plans ended, as the number fell by 649,000 mortgages or 18 percent of the previous week's total. A total of 2.97 loans remain in forbearance. It was the largest one-week decline , far outpacing the 435,000 drop when the first wave of plans hit the three-month mark in early July. It would be interesting to know how many of the formerly forborne borrowers from both waves had continued to make their monthly payments, using the plans as an insurance policy against potential financial difficulties. Such a possibility has been suggested by both ATTOM Data Solutions and the Urban Institute. The greatest
No Comments

Sorry, the comment form is closed at this time.