Black Knight: Mortgage "Foreclosure Rate Falls to Nine-Year Low" in September

From Black Knight: Black Knight's First Look at September Mortgage Data: Post-‘Brexit' Prepay Activity Remains Strong; Foreclosure Rate Falls to Nine-Year Low • Despite declining from August, September saw the third highest prepayment rate in three years   • September's less-than-one-percent seasonal increase in the delinquency rate was relatively mild by historical standards   • At one percent, the rate of all mortgages that are in active foreclosure fell to its lowest point in nine years   • Non-current mortgage rates continue to struggle in oil states, with......(read more)

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