Mortgage Delinquencies Decline in October – NMP Skip to main content

Mortgage Delinquencies Decline in October

Nov 27, 2018
Mortgage delinquencies dropped by 8.2 percent in October from September and are down by nearly 18 percent from last year, according to new data from Black Knight Inc.

Mortgage delinquencies dropped by 8.2 percent in October from September and are down by nearly 18 percent from last year, according to new data from Black Knight Inc.
 
Serious delinquencies fell by 14,000 from September to October to reach 499,000; on a year-over-year basis, the number of serious delinquencies was down by 90,000. Last month’s number of serious delinquencies was a 12-year low.
 
Black Knight also noted that although foreclosure starts seeing a monthly increase from September’s nearly 18-year low, the number of loans in active foreclosure fell slightly from September and has decreased by 24 percent from last year. And while prepayment activity was up 14 percent from September to October, it is 29 percent below last year’s level.

 
About the author
Published
Nov 27, 2018
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026