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» Significant Number of Loans in Forbearance Still Paying
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Significant Number of Loans in Forbearance Still Paying
June 26, 2020
John Bancroft
Roughly 10% of loans backing Ginnie Mae MBS at the end of May were in forbearance because of the COVID-19 pandemic, but over a quarter of them were still current. (Includes data chart.)
Ginnie Mae Issuance
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