Black Knight Mortgage Monitor: "Low-Down-Payment Purchase Lending at Seven-Year High"

Black Knight Financial Services (BKFS) released their Mortgage Monitor report for June today. According to BKFS, 3.80% of mortgages were delinquent in June, down from 4.31% in June 2016. BKFS also reported that 0.81% of mortgages were in the foreclosure process, down from 1.10% a year ago. This gives a total of 4.61% delinquent or in foreclosure. Press Release: Black Knight's Mortgage Monitor: Low-Down-Payment Purchase Lending at Seven-Year High, Largely a Product of Overall Purchase Market Growth Today, the Data & Analytics division of Black Knight Financial Services, Inc.......(read more)

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