Black Knight: Abstinence Increases Mid-Month



According to the latest Black Knight report, the number of active abstinence plans has increased again, which is a typical mid-month trend.

As of Aug 24, 1.76 million borrowers are still on pandemic deflection plans, including 1.9% GSE, 5.8% FHA / VA and 4.1% portfolio and private securitized mortgages.

Abstinence tracker data from Black Knight also showed that total active abstinence increased by 12,000 in a week, driven by a sharp jump of 10,000 portfolio credits / pls. FHA / VA volumes rose 3000, with GSE (-1000) targeting the only decline in a week.


Source link