Looking at the state of forbearance loans
In today’s HousingWire Daily episode, HousingWire Digital Media Manager Alcynna Lloyd joins HousingWire Editor-in-Chief Sarah Wheeler to discuss the hottest topics coming across HousingWire’s news desk. During the episode, the pair discuss current housing inventory levels, recent trends in forbearance, and the latest Fannie Mae Home Purchase Sentiment Index (HPSI).
Additionally, the pair share some news about the upcoming HousingWire Annual event and the topics that the HousingWire editorial team is likely to cover in the week ahead.
Here is a small preview of the interview, which has been lightly edited for length and clarity:
Alcynna Lloyd: Today we’ll be discussing some of the hottest topics that came across our news desk this week and last week. Sarah, what stories caught your eye last week that you’re super excited about?
Sarah Wheeler: We have so much good news for the mortgage industry. Although we continue to have really low inventory, which isn’t great, a recent foreclosure report indicates we are now under 2 million homeowners who have a loan in forbearance. This is great as this whole time, we’ve never been under that level. So, now we’re at 1.9 million and that’s exciting. Actually, we think we’re going to see that sort of accelerate a little bit. This is because the experts we have talked to believe we’re about to have even more exits. This is attributed to great job growth as more people are able to get back on their feet and hopefully exit forbearance.
HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward.
HousingWire articles covered in this episode: