With the housing crisis having brought on unprecedented numbers of foreclosures and mortgage delinquencies, Black Knight reports to those days may be over.
Read More »Spring Has Brought on More Delinquencies
What implications does April's rise in 30-day delinquencies have for the mortgage industry?
Read More »Delinquencies Plummet to Pre-2000 Level
The fact that mortgage delinquencies are declining steadily for a few years now has been no secret. But just how low are they getting?
Read More »Delinquencies Rebound from January’s Spike
The total non-current inventory dropped to its lowest level in more than eight years, according to Black Knight Financial Services.
Read More »Foreclosure Inventory Ends 2015 On Rapid Decline
Total non-current inventory dropped to its lowest level since June 2007.
Read More »Foreclosure Starts Plunge to Lowest Monthly Total in Nearly a Decade
While foreclosure-related metrics are down, which default-related categories experienced seasonal increases in November?
Read More »Foreclosure Inventory Plummets to Eight-Year Low
The news was all good on the delinquency front for October 2015 as all related metrics continued steep declines.
Read More »Mortgage Delinquencies Rise for Second Straight Month, Likely Due to Seasonality
The percentage of delinquent mortgages (loans 30 days or more overdue but not in foreclosure) rose by 1.7 percent over the month in September, reaching 4.87 percent—the highest level since May 2015. This percentage represented about 2.45 million mortgages nationwide, with the monthly increase totaling about 44,000.
Read More »Foreclosure Inventory Drops to Lowest Monthly Total in Eight Years
The delinquency rate (percentage of properties 30 days or more overdue but not in foreclosure) dropped by 16 percent year-over-year down to 4.71 percent, nearly reaching its lowest point since the crisis. That share of 4.71 delinquent properties represents about 2.39 million loans nationwide. The number of properties in foreclosure pre-sale inventory dropped by 24 percent year-over-year in July down to 711,000.
Read More »Foreclosure Inventory Below Pre-Crisis Levels, But Still Three Times the ‘Normal’ Rate
Foreclosure starts totaled 79,000 in June, which was the second-lowest lowest post-crisis monthly total, according to Black Knight. The lowest post-crisis monthly foreclosure start volume of 73,500 occurred in April 2015. Foreclosure starts have totaled less than 100,000 every month since January 2014.
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