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Mortgage Bankers Association releases weekly.....>

US
US: Mortgage Bankers Association releases weekly survey. Pace of mortgage loan
forbearance requests continued to slow in the second week of May, but the share
of loans in forbearance increased. Highlights:
* Share of total mortgage loans in forbearance increased to 8.16%, from 7.91%.
Survey covers period from May 4 - May 10. 
* 4.1 million homeowners now in forbearance plans. 
* Ginnie Mae had largest overall share of loans in forbearance by investor type
(11.26%, from 10.96%). Loans in forbearance for depository servicers rose to
8.99% from 8.75%, and forbearance for independent mortgage bank servicers rose
to 7.85% from 7.54%. 
* Forbearance requests as % of servicing portfolio volume dropped across all
investor types for fifth consecutive week: to 0.32% from 0.51%. 

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