How Lenders Can Save Strained Homeowners Who Aren’t Asking For Help

How Lenders Can Save Strained Homeowners Who Aren’t Asking For Help

Here are three key trends from our analysis of homeowner forbearance exit trends during the pandemic: Borrowers are exiting forbearance in an orderly fashion. The total number of forbearances peaked in mid-June and consistently declined week-over-week until late November (see Figure 1 below). Figure 1: MBA data from the week of November 22 show a…

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3 Mortgage Forbearance Themes to Watch in August

3 Mortgage Forbearance Themes to Watch in August

While the total number of forbearances continues to drop, the number of homeowners extending and re-entering forbearances is rising. As we move through August, here are three core themes Sagent is tracking to help mortgage servicers care for customers. THEME 1: What comes after forbearance?  Traditional loan modifications come after forbearance, and involve adjustments to…

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