GSEs boost foreclosure prevention as forbearances surge
By: Sarah Wolak | Published: 2026-01-22 17:39:21 | Source: www.housingwire.com
In October alone, the GSEs completed 7,210 permanent loan modifications. About 36% of these modifications involved extended loan terms only, while 64% included principal forbearance.
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The number of borrowers receiving payment deferrals after completing a forbearance plan rose to 6,208 in October, up from 5,616 in September. Initiated forbearance plans more than doubled month over month,…
