Citing the need to closely monitor foreclosure numbers after the Federal Foreclosure Moratorium expired in July, Black Knight has revealed a “first-look” at its data for September 2021. According to the preliminary release, the national delinquency rate fell to 3.91% in September, down 2.3% from August. This ...
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East Coast Properties More Likely to Suffer COVID-19 Woes
Chicago and New York City remain the most exposed to the potential impact of the pandemic, with housing markets in central and western regions less at-risk.
Read More »Delinquencies and Foreclosures Continue to Drop
The percentage of U.S. mortgages that are seriously delinquent fell to the lowest point since the first quarter of 2008 as the overall U.S. economy continues to pick up. The improving job market has contributed to helping more borrowers stay current on their mortgage payments and thereby avoid delinquencies and foreclosures.
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