Black Knight: National Mortgage Delinquency Rate Increased in September

From Black Knight: Black Knight's First Look: Seasonal, Calendar and Hurricane-Related Pressures Result in Largest Single-Month Mortgage Delinquency Increase in Nearly a Decade • Mortgage delinquencies rose more than 13 percent in September, the largest single-month rise since November 2008 • 16 of the last 19 Septembers have seen delinquencies increase, averaging a 5.2 percent rise over that time frame, the largest of any month during the calendar year • September 2018 also ended on a Sunday, which typically creates strong upward pressure on delinquencies • Hurricane Florence-related......(read more)

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