Black Knight, Jacksonville, Fla., released its First Look at its August Mortgage Monitor, finding that the delinquency rate improved yet again, but gains are slowing. That, Black Knight said, might suggest delinquency rates are reaching cycle lows.
Tag: Black Knight
Black Knight: Nearly a Quarter of Homebuyers Face $3,000 Payments or More
Monthly mortgage payments between $2,000 and $3,000 have rapidly become the norm in today’s housing market in the face of spiking interest rates and historically high home prices, reported Black Knight, Jacksonville, Fla.
Black Knight: Foreclosure Inventory Very Low, Serious Delinquencies Down in July
Black Knight, Jacksonville, Fla., reported its “first look” at July 2023 mortgage performance statistics, finding that serious delinquencies continue to improve.
Black Knight Reports Mortgage Rate Lock Activity Falls Again
Black Knight, Jacksonville, Fla., said mortgage rate lock activity fell for the second consecutive month in July, dropping 7% overall.
Black Knight: Seriously Delinquent Mortgages Tumble
In its “first look” release of June mortgage performance statistics, Black Knight, Jacksonville, Fla., found that seriously delinquent mortgages hit the lowest level in more than 15 years.
Black Knight: Past-Due Mortgages Approach Record Lows, Serious Delinquencies Continue to Improve
Black Knight, Jacksonville, Fla., reported the national delinquency rate fell 11 basis points in May to 3.1%, the lowest level it’s hit other than a record of 2.92% in March.
#MBATech23: Executive Perspectives on Technology and Innovation
SAN JOSE, Calif.—In today’s competitive real estate finance environment, lenders and servicers need their technology teams and products to provide solutions—period.
Mortgage Performance Remains ‘Exceptionally Healthy’
Reports from CoreLogic, Irvine, Calif., and Black Knight, Jacksonville, Fla., as well as last Monday’s Loan Monitoring Report from the Mortgage Bankers Association, show mortgage performance in the post-pandemic era remains strong and healthy.
Cash-Outs, Purchase Locks Decline Amid Record-Low Affordability
Black Knight, Jacksonville, Fla., said cash-out refinances fell significantly in September, by 26.2 percent from August alone and by 78 percent from a year ago. A similar report from MCT, San Diego, also found a sharp drop in loan lock volume in September.
Black Knight: August Mortgage Delinquencies Near Record Low
Black Knight, Jacksonville, Fla., said mortgage delinquencies fell in August to near record lows, although foreclosure starts increased by 15 percent from July.