Mortgage Health Continues Positive Trajectory, But Gains Slow
Black Knight reports declining yearly improvement rates and rising early-stage delinquencies, even as overall figures remain encouraging.
Black Knight reports declining yearly improvement rates and rising early-stage delinquencies, even as overall figures remain encouraging.
Despite a 7% monthly increase, the year-over-year trend shows a slight decline; Nevada, Illinois, and South Carolina see highest rates.
Numbers still rising gradually since foreclosure moratorium ended in 2021.
Overall filings remain well below pre-pandemic levels.
Governor signs legislation that creates hard cap on statute of limitations.
The percentage of seriously delinquent mortgages continued to drop.
Decision in a foreclosure case could have an impact on legislation pending in the Empire State.
Completed foreclosures increased by 18% while foreclosure starts stayed flat.