Due to the ongoing situation with Covid-19, we are offering 3 months free on the agent monthly membership with coupon code: COVID-19A
With an RE Technology membership you'll be able to view as many articles as you like, from any device that has a valid web browser.
Purchase AccountRE Technology lets you freely read 5 pieces of content a Month. If you don't want to purchase an account then you'll be able to read new content again once next month rolls around. In the meantime feel free to continue looking around at what type of content we do publish, you'll be able sign up at any time if you later decide you want to be a member.
Browse the siteMay 24 2016
JACKSONVILLE, Fla., May 24, 2016 -- The Data & Analytics division of Black Knight Financial Services, Inc. reports the following "first look" at April 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Total U.S. foreclosure pre-sale inventory rate: 1.17%
Month-over-month change: -5.87%
Year-over-year change: -27.76%
Total U.S. foreclosure starts: 58,700
Month-over-month change: -19.37%
Year-over-year change: -16.62%
Monthly Prepayment Rate (SMM): 1.26%
Month-over-month change: -3.24%
Year-over-year change: -7.25%
Foreclosure Sales as % of 90+: 2.13%
Month-over-month change: -2.53%
Year-over-year change: 6.20%
Number of properties that are 30 or more days past due, but not in foreclosure: 2,146,000
Month-over-month change: 84,000
Year-over-year change: -235,000
Number of properties that are 90 or more days past due, but not in foreclosure: 730,000
Month-over-month change: -3,000
Year-over-year change: -179,000
Number of properties in foreclosure pre-sale inventory: 595,000
Month-over-month change: -36,000
Year-over-year change: -225,000
Number of properties that are 30 or more days past due or in foreclosure: 2,741,000
Month-over-month change: 48,000
Year-over-year change: -460,000
Top 5 States by Non-Current* Percentage
Bottom 5 States by Non-Current* Percentage
Top 5 States by 90+ Days Delinquent Percentage
Top 5 States by 6-Month Improvement in Non-Current* Percentage
Top 5 States by 6-Month Deterioration in Non-Current* Percentage
*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.
About Black Knight Financial Services, Inc.
Black Knight, a Fidelity National Financial (NYSE:FNF) company, is a leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.
Black Knight is committed to being the premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.bkfs.com.