Monday, March 6, 2017

Black Knight: Mortgage "Origination volumes in 2016 highest level seen in nine years"

Black Knight Financial Services (BKFS) released their Mortgage Monitor report for January today. According to BKFS, 4.25% of mortgages were delinquent in January, down from 5.09% in January 2016. BKFS also reported that 0.94% of mortgages were in the foreclosure process, down from 1.30% a year ago. This gives a total of 5.19% delinquent or in foreclosure. Press Release: Black Knight's Mortgage Monitor: Strong Q4 Pushes 2016 Originations to Highest Level in Nine Years; Reperforming Loan Population Sits at Nearly Two Million Today, the Data & Analytics division of Black Knight......(read more)
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