Black Knight: Mortgage Delinquencies Declined in February

From Black Knight: Black Knight Financial Services' First Look at February Mortgage Data: Prepayment Activity Continues to Decline, Down 40 Percent So Far in 2017 • Prepayment speeds (historically a good indicator of refinance activity) declined 15 percent in February, marking a 40 percent overall year-to-date decline and the lowest monthly rate in three years   • Delinquencies continued their seasonal decline, ticking down .98 percent from January   • Foreclosure starts fell 18 percent from last month to 31 percent below last year's levels   • Active foreclosure......(read more)

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