Black Knight’s first look at month-end data for October 2022 found prepayment activity reaching a new low.
Read More »Delinquency Rate Finds New Low
“For the second quarter in a row, the mortgage delinquency rate fell to its lowest level since MBA’s survey began in 1979,” said Marina Walsh, MBA’s VP of Industry Analysis.
Read More »Report: Delinquent Borrowers Finding ‘Alternatives to Defaulting’
“The share of U.S. borrowers who are six months or more late on their mortgage payments fell to a two-year low in August and was less than one-third of the pandemic high recorded in February 2021,” said Molly Boesel, Principal Economist at CoreLogic.
Read More »Are Delinquency Numbers Stabilizing?
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per ...
Read More »U.S. Foreclosure Starts Up More Than 440% Year-Over-Year
That’s according to Black Knight data, which also reported a national delinquency rate of 2.84% in June, with foreclosure starts increasing nearly 30% during the month.
Read More »U.S. Records 19k Foreclosure Starts in May
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for May 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate fell to 2.75% ...
Read More »Foreclosure Starts, Completions Up Substantially YoY
On other fronts, April's numbers bucked trends for this time of year, with mortgage delinquencies hitting a “new record low.” Check out the latest data from Black Knight to see what factors are in play.
Read More »Seriously Delinquent Borrowers Struggling to Recover
According to CoreLogic, the nation’s delinquency rate in the U.S. in February 2022 hit its lowest recorded point since at least January 1999, as found in its monthly Loan Performance Insights Report. In February of this year, some 3.2% of ...
Read More »Serious Delinquencies Hit a 12-Year Low
While overall mortgage delinquencies are falling month-over-month, a new report found some surprising data on loan prepays. Click through to learn more about the numbers behind the default servicing market.
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