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New data from Black Knight shows that the number of forbearance plans at the end of November was down by 214k (-17%) from last month. However, they point out that new plan starts, which have been relatively flat since the end of March, jumped almost 8k week over week. Black Knight says this figure will will bear closer scrutiny in coming weeks to determine whether this is an anomaly or an inflection point.
Click here to read the full report at Black Knight.