Black Knight Mortgage Monitor: New Tax Law Could Impact Home Equity Borrowing

Black Knight released their Mortgage Monitor report for November today. According to Black Knight, 4.55% of mortgages were delinquent in November, up from 4.46% in November 2016. The increase was primarily due to the hurricanes. Black Knight also reported that 0.66% of mortgages were in the foreclosure process, down from 0.98% a year ago. This gives a total of 5.21% delinquent or in foreclosure. Press Release: Black Knight's Mortgage Monitor: Tappable Equity at All-Time High, But Tax Code Changes Could Impact Homeowners' Utilization Today, the Data & Analytics division of Black......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2m9gtTy
via IFTTT