Black Knight July Mortgage Monitor: "Purchase Lending Highest Since 2007"

Black Knight Financial Services (BKFS) released their Mortgage Monitor report for July today. According to BKFS, 4.51% of mortgages were delinquent in July, down from 4.67% in July 2015. BKFS also reported that 1.09% of mortgages were in the foreclosure process, down from 1.52% a year ago. This gives a total of 5.60% delinquent or in foreclosure. Press Release: Black Knight's Mortgage Monitor: Q2 Originations Hit Three-Year High; Purchase Lending Highest Since 2007, Refinance Volume Still Lags 2015 Today, the Data & Analytics division of Black Knight Financial Services, Inc. (NYSE:......(read more)

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