The latest data from the McDash Flash Forbearance Tracker shows that there was minimal overall change in the number of active forbearance cases this week (+2K), bringing the total number of loans in active forbearance to 4,119,000. The slight rise was driven by a modest increase in forbearance plans among portfolio/private labeled securitization loans (+12k) and FHA/VA loans (+8k). The number of forbearances among GSE loans fell by 18k for the week.
Black Knight will continue to provide weekly McDash Flash Forbearance Tracker updates via this blog. Those interested in staying up-to-date on industry developments are encouraged to visit the blog for more information in the coming days and weeks.