Tuesday, November 29, 2016

Black Knight: Mortgage "Foreclosure Starts Hit Lowest Level Since January 2005" in October

Note: There was a report of a "foreclosure spike" in October. This data shows the opposite happened. From Black Knight: Black Knight's First Look at October 2016 Mortgage Data: Foreclosure Starts Hit Lowest Level Since January 2005; Foreclosure Rate Falls Below One Percent for First Time Since July 2007 • October's 56,500 foreclosure starts is the lowest one-month total in nearly 12 years   • Delinquencies see modest seasonal increase in October; still down nine percent from last year   • Active foreclosure inventory continues to improve, just over 500,000 active foreclosure ......(read more)
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