Total non-current inventory dropped to its lowest level since June 2007.
Read More »Serious Delinquency Numbers Continue Shrinking
Fewer and fewer residential mortgage loans are seriously delinquent (90 or more days past due) as the crisis passes its seven-year anniversary. What factors are driving the continued decline?
Read More »Home Prices Continue Steady Upward Move
The median price of a home is now only 5 percent less than its peak reached in June 2006.
Read More »Foreclosure Starts Plunge to Lowest Monthly Total in Nearly a Decade
While foreclosure-related metrics are down, which default-related categories experienced seasonal increases in November?
Read More »ValuAmerica & Black Knight Integrate Loan Closing Technologies
ValuAmerica, Inc., a national title agency, appraisal management company and technology provider, recently announced that the company has teamed up with Black Knight Financial Services, Inc., a provider of integrated technology, data and analytics to the mortgage and real estate industries, to provide a fully integrated loan closing solution for lenders.
Read More »Foreclosure Inventory Plummets to Eight-Year Low
The news was all good on the delinquency front for October 2015 as all related metrics continued steep declines.
Read More »‘New’ Severe Delinquencies Tumble to 2009 Level
The percentage of “new” severe delinquent residential mortgages reported for September 2015—that is, the number of severely delinquent loans that were current six months ago—was the lowest of any September since 2009, according to Black Knight Financial Services.
Read More »Foreclosure Inventory Still More Than Double ‘Normal’ Level
Despite substantial declines over the last three to four years, especially in the last year, the rate of foreclosure inventory—that is, the percentage of residential properties that were in some state of foreclosure—remains about two and a half times its “normal” or pre-recession level, according to Black Knight Financial Services’ September 2015 Mortgage Monitor released Monday.
Read More »Mortgage Delinquencies Rise for Second Straight Month, Likely Due to Seasonality
The percentage of delinquent mortgages (loans 30 days or more overdue but not in foreclosure) rose by 1.7 percent over the month in September, reaching 4.87 percent—the highest level since May 2015. This percentage represented about 2.45 million mortgages nationwide, with the monthly increase totaling about 44,000.
Read More »Repeat Foreclosures Are Driving Uptick in Foreclosure Starts
Amid all the good news for housing lately, foreclosure starts were up by 7 percent in August—driven by a rise in the amount of repeat foreclosures, according to the August 2015 Mortgage Monitor released by Black Knight Financial Services on ...
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