1 million homeowners had requested a forbearance plan

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The number of loans in forbearance is also increasing, albeit at a slower pace than previously. Black Knight found that 4.75 million homeowners, or 9 percent of mortgages, had entered into forbearance plans, representing $1 trillion in unpaid principal balances. MBA survey of lenders found 4.1 million homeowners had requested a forbearance plan, or 8.16 percent of loans.

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