Home Buyer News

Black Knight: National Mortgage Delinquency Rate Decreased in April, Foreclosure Inventory Lowest since August 2006

From Black Knight: Black Knight’s First Look at March Mortgage Data: Delinquency Rate Drops to 11-Year Low; Prepayments Up 20 Percent from February’s Three-Year Low Delinquencies declined 14 percent month-over-month, hitting their lowest level since March 2006 and the fourth lowest point since the turn of the century Total non-current inventory – all loans 30 days or more past due.

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April’s decline halted a seven-month trend of annual increases in the national delinquency rate;. foreclosure hit its lowest point since August 2006. Black Knight’s First Look: Mortgage.

The percent of loans in the foreclosure process decreased 4.4% in August and were down 28.2% over the last year. Black Knight reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) was 3.52% in August, down from 3.61% in July.

Foreclosure inventory hits lowest point since July 2007.. Black Knight: Mortgage delinquency rate drops to 7-year low.. The national mortgage delinquency rate plummeted nearly 26% in the.

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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.

Black Knight is Transforming the Mortgage Industry with AIVA Black Knight: National Mortgage Delinquency Rate Decreased in April, Foreclosure Inventory Lowest since August 2006 From Black Knight: Black Knight’s First Look: strong april mortgage performance Pushes National Delinquency Rate to New Record Low; Prepayment Activity Continues to Rise Following a slow start to the. Source: Black knight.

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The national mortgage delinquency rate fell for a third consecutive month to 3.36% in May, the lowest level since January 2000, according to Black Knight’s First Look report.. About 1.76 million properties were 30 days or more past due, but not in foreclosure, a decrease of about 52,000 compared with April and a decrease of about 107,000 compared with May 2018.

Foreclosure starts declined 5.4 percent overall and 30 percent from March in hurricane-affected areas The number of mortgages in active foreclosure hit its lowest point since august 2006 prepayment activity fell 4.3 percent in April from last month and was down slightly from last year’s level

– David A. Krebs Licensed Mortgage Broker in miami black knight: national mortgage Delinquency Rate Decreased in April, Foreclosure Inventory Lowest since August 2006 Delinquency rate hits lowest level since 2008 – The market is continuing its steady recovery, with the delinquency rate for mortgage. the lowest.

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