JACKSONVILLE, Fla., March 22, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE:BKI) reports the following “first look” at February 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 4.30%
Month-over-month change: -0.21 %
Year-over-year change: 2.10%
Total U.S. foreclosure pre-sale inventory rate: 0.65%
Month-over-month change: -1.81%
Year-over-year change: -30.30%
Total U.S. foreclosure starts: 46,700
Month-over-month change: -25.04%
Year-over-year change: -19.34%
Monthly prepayment rate (SMM): 0.72%
Month-over-month change: -8.93%
Year-over-year change: -10.58%
Foreclosure sales as % of 90+: 1.40%
Month-over-month change: -19.68%
Year-over-year change: -24.97%
Number of properties that are 30 or more days past due, but not in foreclosure: 2,198,000
Month-over-month change: -4,000
Year-over-year change: 63,000
Number of properties that are 90 or more days past due, but not in foreclosure: 697,000
Month-over-month change: -10,000
Year-over-year change: 56,000
Number of properties in foreclosure pre-sale inventory: 331,000
Month-over-month change: -6,000
Year-over-year change: -139,000
Number of properties that are 30 or more days past due or in foreclosure: 2,528,000
Month-over-month change: -11,000
Year-over-year change: -77,000
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
|District of Columbia:||-6.76%|
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.
1) Totals are extrapolated based on Black Knight’s loan-level database of mortgage assets.
2) All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.
For a more detailed view of this month’s “first look” data, please visit the Black Knight newsroom at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20180322.aspx
The company will provide a more in-depth review of this data in its monthly Mortgage Monitor report, which includes an analysis of data supplemented by detailed charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available online at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/Mortgage-Monitor.aspx by April 2, 2018.
For more information about gaining access to Black Knight’s loan-level database, please send an email to email@example.com.
About Black Knight
Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.
As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.blackknightinc.com.
SOURCE: BLACK KNIGHT, INC.
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