Yes, Homeowners Are Exiting Forbearance, But Not in the Ways You'd Expect

Yes, Homeowners Are Exiting Forbearance, But Not in the Ways You'd Expect

In recent weeks, we’ve been tracking how many homeowners are extending their mortgage forbearance period from 90 days to the full 180 days provided for by the CARES Act. Today,  we’ll address the top three reasons homeowners have been exiting forbearance, then tie it back to extensions. The top three reasons in the chart below…

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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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