Thursday, May 21, 2020

Black Knight: National Mortgage Delinquency Rate Increased Sharply in April, "Largest Single-Month Increase Ever Recorded"

Note: Loans in forbearance are counted as delinquent in this survey, so the delinquency rate jumped in April. From Black Knight: Black Knight's First Look: Past-Due Mortgages Increase by 1.6 Million in April, Largest Single-Month Increase Ever Recorded; Delinquency Rate Nearly Doubles • 3.6 million homeowners were past due on their mortgages as of the end of April, the largest number since January 2015 • The number includes both homeowners past due on mortgage payments who are not in forbearance, as well as those in forbearance plans who did not make an April mortgage payment • At 6.45%, the......(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 https://ift.tt/3bTOZsW
via IFTTT

No comments:

Post a Comment