According to Black Knight’s “First Look” at February 2023 data, the spike was “driven by a nearly 65K increase in those just a single payment behind.” Click through to see what the data looks like for prepayments, foreclosure starts, and more.
Read More »Mortgage Delinquencies Top 3%, Foreclosure Starts Up 19% Month-Over-Month
However, November’s total of starts still trails highs seen in June 2022 and remain well below pre-pandemic levels.
Read More »Black Knight Launches Suite of Climate Risk Solutions
New offering will help identify properties impacted by natural disasters, while mitigating portfolio risk from future climate-related events.
Read More »Annual Home Price Growth Shifted from Deceleration to Decline in July
The latest report from Black Knight, Inc, revealed yet another sign of the times as annual home price growth changed from a deceleration to an official decline in July 2022 as the median home price fell 0.77% from June 2022, the ...
Read More »Early-Stage Delinquencies Push Up National Delinquency Rate
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for July 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate rose to ...
Read More »Servicers Brace for Rise in Foreclosure Activity
Mortgage servicers polled in a new report expect 23% of seriously delinquent mortgages to complete foreclosure over the next year, with pandemic backlog and regulatory intervention having the biggest impact on foreclosure volume.
Read More »As Foreclosures Decline, Mortgage Delinquencies Remain Steady
Prepayment activity fell by 8.9% in November to hit its lowest level in 22 months, as rising 30-year rates put downward pressure on refinance volumes.
Read More »Update: How Many Mortgages Are Still in Forbearance?
New dataset finds approximately 1.01 million mortgage holders remain in pandemic-related forbearance plans, accounting for approximately $188 billion in total unpaid principal balance (UPB).
Read More »Solid Q3 Servicing Portfolio Powers Planet Financial
As the industry resets due to shrinking margins, Planet Financial’s momentum continued into the third quarter, posting strong growth in servicing, asset management, and origination divisions.
Read More »Foreclosure Starts Reverse Course in September
Citing the need to closely monitor foreclosure numbers after the Federal Foreclosure Moratorium expired in July, Black Knight has revealed a “first-look” at its data for September 2021. According to the preliminary release, the national delinquency rate fell to 3.91% in September, down 2.3% from August. This ...
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