Mortgage delinquencies remain low despite a modest year-over-year increase, according to Intercontinental Exchange, Atlanta.
Tag: Mortgage Prepayments
Black Knight: Mixed Results on Delinquencies; Monthly Prepayment Activity Hits 16-Year High
Black Knight, Jacksonville, Fla., said its “First Look” Mortgage Monitor showed while overall delinquencies continued to show improvement, serious delinquencies rose by 376,000 and are now up more than 1.8 million from their pre-pandemic levels.
Black Knight: Mortgage Delinquencies Improve for the First Time Since January; Serious Delinquencies Surge to 9-Year High
Black Knight, Jacksonville, Fla., said after rising from 3.2% in January to 7.8% in May, the national delinquency rate improved for the first time in five months, falling to 7.6% in June as the overall number of past-due mortgages declined by 98,000.
Black Knight ‘First Look:’ Strong Close to 2019 Pushes Mortgage Delinquency Rate to Near-Record Low
Black Knight, Jacksonville, Fla., said mortgage delinquencies fell by nearly 4% month-over-month to within 0.04% of the record low set this past May and more than 12% below from a year ago.