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As Forbearance Ends

Today, in the Newsletter: As Forbearance Ends

Excerpt:

An analysis from CoreLogic today suggests “Nearly three-in-four loans in forbearance are expected to reach the 18-month maximum limit at the end of September.”

In Forbearance Will Not Lead to a Huge Wave of Foreclosures, I presented some data from Black Knight and argued “that most homeowners in forbearance have sufficient equity in their homes, and there will not be a huge wave of foreclosures like following the housing bubble.” But there will be some increase in foreclosure activity. I’ll track the data over the next few months, but this isn’t a huge concern.

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