Wednesday, January 22, 2020

Black Knight's First Look: National Mortgage Delinquency Rate Decreased in December

From Black Knight: Black Knight's First Look: Strong Close to 2019 Pushes Mortgage Delinquency Rate to Near Record Low • Mortgage delinquencies fell by nearly 4% month-over-month to within 0.04% of the record low set in May 2019 and more than 12% below last year's level • The national foreclosure rate fell again in December to reach a new 14-year low, and the lowest on record outside the final five months of 2005 • 2019 ended with just over two million borrowers past due on their mortgage (including active foreclosures) – down 236,000 from the same time last year and the lowest year-end......(read more)
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