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Black Knight’s First Look at February 2018 Mortgage Data  

Though Hurricane-Related Delinquencies Linger, Foreclosures Fall; Prepays Hit Four-Year Low

March 22, 2018
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  • ​​​​​​The national delinquency rate edged slightly downward in February, with hurricane-related delinquencies declining by a modest 5.0 percent for the month
  • Serious delinquencies (90 or more days past due) attributed to Hurricanes Harvey and Irma fell just 3.0 percent
  • 128,000 hurricane-driven seriously delinquent mortgages remain in Texas, Florida, and Georgia
  • After hitting a 12-month high in January, foreclosure starts fell 25 percent month-over-month
  • Active foreclosure inventory rebounded from January’s increase, reaching a new post-recession low
  • Rising interest rates pushed prepayment activity to the lowest level since 2014​

Jacksonville, Fla. – Mar. 22, 2018 – Black Knight, Inc. (NYSE:BKI) reports the following “first look” at February 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority o​f the national mortgage market.
 

BKFS Mortgage Monitor – “First Look” at January 2018 data – chart 1

 

BKFS Mortgage Monitor – “First Look” at January 2018 data – chart 2

 

BKFS Mortgage Monitor – “First Look” at January 2018 data – chart 3 


BKFS Mortgage Monitor – “First Look” at January 2018 data – chart 4
 


BKFS Mortgage Monitor – “First Look” at January 2018 data – chart 5
 


BKFS Mortgage Monitor – “First Look” at January 2018 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’s 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 detailed 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 April 2, 2018.

Graphics shown in this release may be viewed and downloaded he​r​​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, Inc.

Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle. 

As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights 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, 704.890.8158 , Mitch.Cohen@BKFS.com ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

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