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Black Knight Financial Services' "First Look" at April Mortgage Data: Foreclosure Starts Down 22 Percent; Slight Seasonal Increase in DelinquenciesJACKSONVILLE, Fla., May 22, 2015 /PRNewswire/ -- The Data and Analytics division of Black Knight Financial Services (NYSE: BKFS) reports the following "first look" at April 2015 month-end mortgage performance statistics derived from its loan-level database representing approximately two-thirds of the overall market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 4.77% Total U.S. foreclosure pre-sale inventory rate: 1.51% Total U.S. foreclosure starts: 73,500 Monthly Prepayment Rate (SMM): 1.39% Foreclosure Sales as % of 90+: 1.89% Number of properties that are 30 or more days past due, but not in foreclosure: 2,415,000 Number of properties that are 90 or more days past due, but not in foreclosure: 952,000 Number of properties in foreclosure pre-sale inventory: 764,000 Number of properties that are 30 or more days past due or in foreclosure: 3,179,000 Top 5 States by Non-Current* Percentage Mississippi: 12.63%
Minnesota: 3.30% Top 5 States by 90+ Days Delinquent Percentage Mississippi: 4.66% Top 5 States by 6-Month Improvement in Non-Current* Percentage Florida: -17.35% Top 5 States by 6-Month Deterioration in Non-Current* Percentage Alaska: 8.89% *Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state. Notes:
For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom at http://www.BKFS.com/CorporateInformation/NewsRoom/Pages/20150522.aspx 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 in-depth 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/Mortgage-Monitor.aspx by June 8, 2015. For more information about gaining access to Black Knight's loan-level database, please send an e-mail to [email protected]. About Black Knight Financial Services, Inc. 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. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/black-knight-financial-services-first-look-at-april-mortgage-data-foreclosure-starts-down-22-percent-slight-seasonal-increase-in-delinquencies-300087660.html SOURCE Black Knight Financial Services |