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Black Knight says it was the lowest foreclosure inventory rate since late 2006. There were about 52,100 foreclosure starts in March, an increase of 11.56% compared with the previous month but down 13.60% compared with a year earlier.
The mortgage delinquency rate hit its lowest level since April 2007 as it fully recovers from January’s 6.6%, according to the latest report from Black Knight Financial Services.
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From Black Knight: Black Knight’s First Look: Despite Slight Seasonal Uptick, Mortgage Delinquencies Fall 11% From Last Year; Prepays More Than Double as Refi Wave Continues The national delinquency rate edged up seasonally in September to 3.53%, but fell 11.2% from one year prior for the largest year-over-year decline in.
The number of mortgages in active foreclosure hit its lowest point since August 2006 According to Black Knight’s First Look report for April, the percent of loans delinquent decreased 1.6% in April compared to March, and decreased 10.2% year-over-year.
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– David A. Krebs Licensed Mortgage Broker in Miami Black Knight: National Mortgage Delinquency Rate Decreased in April, Foreclosure Inventory Lowest since August 2006 Delinquency rate hits lowest level since 2008 – The market is continuing its steady recovery, with the delinquency rate for mortgage. the lowest level since the first quarter.
The number of mortgages in active foreclosure also hit its lowest point since August 2006, according to Black Knight. The total loan delinquency rate, representing loans 30 or more days past due.
Black Knight is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the home ownership life-cycle.
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That’s the lowest national delinquency rate in more than 20 years.. The inventory of homes in foreclosure continued to decrease in November 2015, falling to the lowest level since November.
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Black Knight: National Mortgage Delinquency Rate Decreased in April, Foreclosure Inventory Lowest since August 2006 Also according to Black Knight’s February Mortgage. The delinquency rate – the percentage of mortgages 30 days or more past due but not in foreclosure – fell to 5.36 percent in February (about 2.7.