2/19/2021 08:21:00 AM Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. This data is as of February 16th. As expected, the trend of mid-month forbearance increases continued this week. New data from our McDash Flash Forbearance Tracker shows that the number of active forbearance plans increased by 15,000 (0.6%), with portfolio-held and privately securitized mortgages accounting for the largest weekly increase at 12,000 (1.8%). FHA/VA forbearances saw an increase of 5,000 (0.4%), while the GSEs experienced some small improvement – they saw a decrease of 2,000 forbearance plans (-0.2%) this week. Despite the weekly increases, the overall monthly rate of decline held steady at -2% month-over-month. This continues the trend of very slow but consistent improvement in the number of outstanding forbearance cases.