Black Knight Financial Services (BKFS) released their Mortgage Monitor report for June today. According to BKFS, 4.31% of mortgages were delinquent in June, down from 4.79% in June 2015. BKFS also reported that 1.10% of mortgages were in the foreclosure process, down from 1.56% a year ago. This gives a total of 5.41% delinquent or in foreclosure. Press Release: Black Knight's Mortgage Monitor: ‘Brexit' Effect Increases Refinanceable Population to 8.7 Million; Auto Debt Among Mortgage Holders at Highest Level in at Least 10 Years Today, the Data & Analytics division of Black Knight......(
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