According to the Mortgage Bankers Association’s (MBA) National Delinquency Survey, mortgage delinquencies in the first quarter of 2021 decreased for one-to-four-unit residential properties.
For purposes of the survey, and to take mortgages in COVID-19 forbearance into account, MBA asked servicers to report loans in forbearance as delinquent if they payment was not made based on the original terms of the mortgage.
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