The numbers of borrower seeking relief on their mortgage payments has fallen for the third straight week, as more Americans go back to work and cities reopens.
As of June 16, 4.6 million homeowners were in forbearance plans, allowing them to delay their monthly payments for at least three months.
The number of borrowers seeking relief on their mortgage payments has fallen for the third straight week, as more Americans go back to work and cities reopen. Loans not backed by government agencies, either held by banks or in private-label securities, seem to be more troubled. Those total forbearances rose by 6,000.
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