Black Knight April Mortgage Monitor

Black Knight Financial Services (BKFS) released their Mortgage Monitor report for April today. According to BKFS, 4.77% of mortgages were delinquent in April, up from 4.70% in March. BKFS reported that 1.51% of mortgages were in the foreclosure process, down from 2.02% in April 2014. This gives a total of 6.28% delinquent or in foreclosure. It breaks down as: • 1,463,000 properties that are 30 or more days, and less than 90 days past due, but not in foreclosure. • 952,000 properties that are 90 or more days delinquent, but not in foreclosure. • 764,000 loans in foreclosure process. For a......(read more)

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