Black Knight Mortgage Monitor for Febuary; "Unemployment Spike Triggering Surge in Mortgage Forbearance Requests"

Black Knight released their Mortgage Monitor report for February today. According to Black Knight, 3.28% of mortgages were delinquent in February, down from 3.89% in February 2019. Black Knight also reported that 0.45% of mortgages were in the foreclosure process, down from 0.51% a year ago. This gives a total of 3.73% delinquent or in foreclosure. Press Release: Black Knight: COVID-19 Unemployment Spike Triggering Surge in Mortgage Forbearance Requests; Principal and Interest Advances Could Lead to Servicer Liquidity Challenges Today, the Data & Analytics division of Black Knight,......(read more)

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