As more and more states began to reopen their economies, fewer and fewer Americans demanded a temporary suspension of mortgage payments.

According to the latest data from the Mortgage Bankers Association, as of May 17, the proportion of homeowners with tolerance plans rose from 8.16% last week to 8.36%.

"Although job losses continue to be at a very high rate, mortgage service providers all report only a moderate increase in the ratio of loans to May 17," Mike Fratantoni, MBA senior vice president and chief economist, in a statement Say.

However, the unemployment data seems to have hit the Federal Housing Administration and veteran affairs borrowers the hardest, as the data shows that the proportion of Ginnie Mae ’s tolerance loans rose to 11.6%.

In the past nine weeks, about 38.6 million Americans have applied for unemployment, but the requirement to suspend temporary payments has fallen for the sixth consecutive week. The number of plan applications as of May 17 was the lowest since mid-March.

Overall, about 4.2 million Americans are in the tolerance plan.

 According to data from "Black Knight", as of the end of April, FOX Business previously reported that about 3.6 million home mortgage loans are due, the highest level since January 2015. The national delinquency rate reached 6.45%, which was almost a three-fold increase from March (3.06%) and the largest monthly increase ever. However, these figures include people with tolerance plans.

At the same time, a survey shows that most people who require a tolerance plan may not need it. According to data from LendingTree, only about 5% of homeowners who were approved to sign a tolerance agreement said they would not be able to meet their obligations.

Mortgage purchase application activity has also begun to increase-early signs suggest that once the states' economies reopen and begin to normalize, the real estate market may rebound.

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