Mortgage Prepayments Fell, Delinquencies Rose In November
Black Knight 'First Look' finds signs that more homeowners are struggling to make payments.
Black Knight 'First Look' finds signs that more homeowners are struggling to make payments.
Black Knight's September 2022 Mortgage Monitor Report also found 3.6% of borrowers are either underwater or have less than 10% equity.
Fannie Mae's Guaranty Book of Business increased 1.6% during September.
Pace of forbearance exits fell to a new low.
The national foreclosure rate remained just above the record low set in May.
Black Knight’s First Look report for June said that these levels still remain below pre-pandemic levels.
Company’s “first look” finds serious delinquencies, foreclosure starts showing continued improvement.
Improvement in loans over 90 days helped overall delinquency numbers.