Black Knight Mortgage Monitor for May, Cash-Out Refinance Activity Declined

Black Knight released their Mortgage Monitor report for May today. According to Black Knight, 7.76% of mortgages were delinquent in May, up from 6.45% in April, and up from 3.36% in May 2019. Black Knight also reported that 0.38% of mortgages were in the foreclosure process, down from 0.49% a year ago. This gives a total of 8.14% delinquent or in foreclosure. Press Release: Black Knight's May 2020 Mortgage Monitor Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based upon the company's industry-leading mortgage......(read more)

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