As a result of the coronavirus (COVID-19) crisis, many people worldwide faced job insecurity and loss of income. For mortgage borrowers in the United States, this means increased default and foreclosure risk. Forbearance is a type of borrower assistance which allows the lender to negotiate a temporary postponement of a mortgage repayment. It allows a payment period relief in lieu of the creditor foreclosing on any property that was used as collateral for the loan.

As of March 2022, New York was one of the states in the United States with highest forbearance rate for Freddie Mac single-family housing loans with approximately **** percent of current loans in forbearance.

As of August 2021, the forbearance rate of single-family housing mortgages owned by Freddie Mac in the U.S. was approximately **** percent. Forbearance is a type of borrower assistance which allows the lender to negotiate a temporary postponement of a mortgage repayment. It allows a payment period relief in lieu of the creditor foreclosing on any property that was used as collateral for the loan.

As of August 2021, the forbearance rate of single-family housing mortgages for investment purposes in the United States was **** percent. Second home mortgages were least affected with *** percent forbearance rate. Forbearance is a type of borrower assistance which allows the lender to negotiate a temporary postponement of a mortgage repayment. It allows a payment period relief in lieu of the creditor foreclosing on any property that was used as collateral for the loan.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks (DRSFRMACBS) from Q1 1991 to Q1 2025 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, commercial, domestic, banks, depository institutions, rate, and USA.

Due to the impact of the COVID-19 pandemic, the U.S government paused payments on federal student loans starting on March 13, 2020, moving billions of dollars of student debt into forbearance. Forbearance means that no payments need to be made, with the interest rate set to zero percent. In the second quarter of 2022 and 2023, the majority of federal student loans remained in forbearance, totaling over 1000 billion U.S. dollars. However, loan repayments and interest rates restarted in October 2023, lowering the amount of student loans in forbearance to **** billion U.S. dollars as of Q2 2024.

The table Forbearance is part of the dataset Cotality Loan-Level Market Analytics, available at https://stanford.redivis.com/datasets/rt7m-4ndqm48zf. It contains 90733791 rows across 26 variables.

Due to the impact of the ******** pandemic, starting on **************, the U.S. federal government paused payments on federal student loans, moving billions of dollars of student debt into forbearance. Federal student loans are in forbearance, meaning that no payments need to be made, and the interest rate has been set to zero percent until ******************. Because of this, student loan delinquencies also decreased, with the largest percent change experienced by accounts that are ** to *** days past due, with a ** percent decrease in delinquencies.

Abstract

Title: Cotality Loan-Level Market Analytics (LLMA)

Cotality Loan-Level Market Analytics (LLMA) for primary mortgages contains detailed loan data, including origination, events, performance, forbearance and inferred modification data. This dataset may not be linked or merged with any of the other datasets we have from Cotality.

Formerly known as CoreLogic Loan-Level Market Analytics (LLMA).

Methodology

Cotality sources the Loan-Level Market Analytics data directly from loan servicers. Cotality cleans and augments the contributed records with modeled data. The Data Dictionary indicates which fields are contributed and which are inferred.

The Loan-Level Market Analytics data is aimed at providing lenders, servicers, investors, and advisory firms with the insights they need to make trustworthy assessments and accurate decisions. Stanford Libraries has purchased the Loan-Level Market Analytics data for researchers interested in housing, economics, finance and other topics related to prime and subprime first lien data.

Cotality provided the data to Stanford Libraries as pipe-delimited text files, which we have uploaded to Data Farm (Redivis) for preview, extraction and analysis.

For more information about how the data was prepared for Redivis, please see Cotality 2024 GitLab.

Usage

Per the End User License Agreement, the LLMA Data cannot be commingled (i.e. merged, mixed or combined) with Tax and Deed Data that Stanford University has licensed from Cotality, or other data which includes the same or similar data elements or that can otherwise be used to identify individual persons or loan servicers.

The 2015 major release of Cotality Loan-Level Market Analytics (for primary mortgages) was intended to enhance the Cotality servicing consortium through data quality improvements and integrated analytics. See **Cotality_LLMA_ReleaseNotes.pdf **for more information about these changes.

For more information about included variables, please see Cotality_LLMA_Data_Dictionary.pdf.

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For more information about how the database was set up, please see LLMA_Download_Guide.pdf.

Bulk Data Access

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