Thursday, October 22, 2020

Black Knight: National Mortgage Delinquency Rate Decreased in September

Note: Loans in forbearance are counted as delinquent in this survey, but those loans are not reported as delinquent to the credit bureaus. From Black Knight: Serious Delinquencies Improved in September for the First Time Since the Start of the Pandemic • The number of seriously delinquent mortgages (90+ days) fell by 43,000 in September, marking the first such improvement in serious delinquencies since the start of the pandemic • More than 2.3 million homeowners – five times the number entering 2020 – remain 90 or more days past due, but not in foreclosure • The national delinquency rate fell ......(read more)
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