Sign In

Black Knight Financial Services’ First Look at November 2016     Mortgage Data   

Foreclosure Starts Up from October, But Still Near 10-Year Lows

December 22, 2016

  • ​​Delinquency rate up by 2.5 percent, a relatively mild seasonal increase by historical standards​
  • Annual improvement in mortgage delinquency rates is beginning to slow as market “normalizes”
  • Number of loans in active foreclosure drops below 500K for the first time in nearly 10 years
  • Pre-payment activity remains strong, for now, as applications made prior to the rise in interest rates continue to close​

JACKSONVILLE, Fla. – December 22, 2016 – The Data and Analytics division of Black Knight Financial ​Services (NYSE: BKFS) reports the following “first look” at November 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

 

BKFS Mortgage Monitor – “First Look” at November 2016 data – chart 1
 


BKFS Mortgage Monitor – “First Look” at November 2016 data – chart 2
 


BKFS Mortgage Monitor – “First Look” at November 2016 data – chart 3
 


BKFS Mortgage Monitor – “First Look” at November 2016 data – chart 4
 


BKFS Mortgage Monitor – “First Look” at Novober 2016 data – chart 5
 


BKFS Mortgage Monitor – “First Look” at November 2016 data – chart 6
 

*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.

 

Notes:
1) Totals are extrapolated based on Black Knight Financial Services’ loan-level database of mortgage assets.
2) All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.

The company will provide a more in-depth review of this data in its monthly Mortgage ​Monitor report, which includes an analysis of data supplemented by charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available online at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/Mortg​age-Monitor.aspx by January 9, 2016.

Graphics shown in this release may be viewed and downloaded her​​e.​​

For more information about gaining access to Black Knight’s loan-level database, please send an email to DataAnalyticsInfo@BKFS.com.


About Black Knight Financial Services, Inc.

Black Knight Financial Services (NYSE: BKFS), a Fidelity National Financial (NYSE:FNF) company, is the mortgage and finance industries’ leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.

Black Knight Financial Services is committed to being the premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership.

Media Contact: Michelle Kersch, 904.854.5043, Michelle.Kersch@BKFS.com
Media Contact: Mitch Cohen, 646.546.5103, Mitch@MPRG.com ​​​​​​​​​​​​​​​

Facebook Google+ LinkedIn Twitter YouTube