Black Knight reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) was 3.89% in February, up from 3.75% in January.The percent of loans in the foreclosure process decreased slightly in February to 0.51% from 0.51% in January.
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February saw its first rise in delinquencies in 12 years, according to Black Knight’s First Look at February mortgage data. Despite the monthly increase, Black Knight noted that delinquencies.
The national delinquency rate edged slightly downward in February, with hurricane-related delinquencies declining by a modest 5 percent for the month Serious delinquencies (90 or more days past due) attributed to Hurricanes Harvey and Irma fell just 3 percent 128,000 hurricane-driven seriously delinquent mortgages remain in Texas , Florida , and Georgia After hitting a 12-month high in January, foreclosure starts fell 25 percent month-over-month Active foreclosure inventory rebounded from.
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Black Knight, Inc. BKI, -0.15% reports the following "first look" at February 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority of the.
The delinquency rate was also down across all loan/product types. Despite the drop in the delinquency rate, the percentage of loans on which foreclosure actions were started increased slightly to 0.25.
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National delinquencies fell in March to a 12-month low, but despite that, the recent hurricanes continue to have a negative effect on foreclosures, according to the latest report from Black Knight.. The national delinquency rate improved 13.24% in March due to seasonal effects and continued hurricane-related improvements, according to the report.
The Data & Analytics division of Black Knight manages the nation’s leading repository of loan-level residential mortgage data and performance information on the majority of the overall market, including tens of millions of loans across the spectrum of credit products and more than 160 million historical records.
Black Knight reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) was 4.30% in February, down from 4.31% in January. The percent of loans in the foreclosure process decreased slightly in February to 0.65%.
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