Glossary
forbearance
Forbearance identifies loans whose payments are suspended under an agreed plan, reported as its own status in Ginnie Mae's Disclosure Plus dashboards beside delinquency and CPR. Because the disclosure universe covers MBS, HMBS, REMIC and Platinum collateral, forbearance can be followed by cohort across programs.
What is forbearance?
Forbearance is a loan status, disclosed as such. In Ginnie Mae's investor disclosure tooling, Disclosure Plus dashboards track CPR, delinquency, forbearance and cohort analysis, with forbearance tagged alongside delinquency rather than folded into it. Queries run at security or pool level - CUSIP or pool number - across MBS, HMBS, REMIC and Platinum securities, with loan-level detail for multifamily securities and for cohort and delinquency aggregations. Factor lookups give the current factor plus 12-month history or WHFIT tax-year views, and liquidation data sits in its own query report. The portal is publicly accessible without an account, but its data-use terms restrict use to analysis of Ginnie Mae MBS credit performance, prohibit identifying individuals, and disclaim warranties because figures come from unverified issuer submissions.
Why does forbearance matter when choosing a dataset?
Forbearance counts move mortgage credit analysis only if the cohort logic is right.
- Status buckets are not additive. Loans in forbearance sit beside delinquent loans in the dashboards; summing categories double-counts borrowers who are both.
- Program mix drives the reading. MBS, HMBS, REMIC and Platinum collateral behave differently - HMBS (reverse) pools especially - so cross-program forbearance comparisons must be cohort-matched.
- Issuer submissions are unverified. Ginnie Mae's terms disclaim warranties because reporting arrives unaudited from issuers, and factor lookups give only 12 months of history.
How do you evaluate forbearance in a data source?
- Confirm the security type before comparing cohorts. Disclosure Plus queries span CUSIP/pool-level MBS, HMBS, REMIC and Platinum; loan-level detail applies to multifamily and cohort aggregations.
- Keep forbearance distinct from delinquency. Both appear as separate dashboard measures; treat them as overlapping statuses, not one hierarchy.
- Note the reporting lag inherent in pool disclosures. Disclosure Plus serves the current reporting period; pair with the 12-month factor history to see trajectory.
- Stay inside the permitted use. Ginnie Mae restricts use to analysis of Ginnie Mae MBS credit performance and bars identifying individuals - scope outputs accordingly.
Related terms
Entries that sit next to forbearance in this glossary:
Frequently asked questions
Does Ginnie Mae report forbearance separately from delinquency?
Yes. Disclosure Plus dashboards present CPR, delinquency, forbearance and cohort analysis as distinct measures across MBS, HMBS, REMIC and Platinum collateral.
Is Ginnie Mae disclosure data free?
Publicly accessible without an account for searches and dashboards, though the data-use terms limit usage to analysis of Ginnie Mae MBS credit performance and bar reidentification of individuals.
At what level is forbearance disclosed?
Security or pool level by CUSIP or pool number, with loan-level detail available for multifamily securities and for cohort and delinquency aggregations.
Datasets containing this field
Datasets containing forbearance
6 datasets carry forbearance in the catalog. Open one, count the fields, judge for yourself.
FHFA House Price Index (HPI)
Every listing shows the field dictionary, sample rows, and coverage before you commit. API, files, or your warehouse. Daily, weekly, or hourly.
Get sample rows