Unexpected Decreases in April 2020 Loan Delinquencies Among Some Non-Agency RMBS Servicers

According to the Mortgage Bankers Association’s latest Foreclosure and Call Volume Survey,[1] the total number of loans in forbearance increased to 8.46% from the prior week’s total of 8.36%.  A total of 4.2 million homeowners are now on forbearance plans[2]  These numbers represent the Government-Sponsored Enterprise (GSE) population which includes, Freddie, Fannie, Ginnie and FHA […]