December 23 2015
JACKSONVILLE, Fla., Dec. 23, 2015 -- The Data & Analytics division of Black Knight Financial Services, Inc. reports the following "first look" at November 2015 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 4.92%
Total U.S. foreclosure pre-sale inventory rate: 1.38%
Total U.S. foreclosure starts: 66,600
Monthly Prepayment Rate (SMM): 0.92%
Foreclosure Sales as % of 90+: 1.77%
Number of properties that are 30 or more days past due, but not in foreclosure: 2,491,000
Number of properties that are 90 or more days past due, but not in foreclosure: 827,000
Number of properties in foreclosure pre-sale inventory: 698,000
Number of properties that are 30 or more days past due or in foreclosure: 3,189,000
Top 5 States by Non-Current* Percentage
Bottom 5 States by Non-Current* Percentage
Top 5 States by 90+ Days Delinquent Percentage
Top 5 States by 6-Month Improvement in Non-Current* Percentage
Top 5 States by 6-Month Deterioration in Non-Current* Percentage
*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/20151223.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 detailed charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available online by Jan. 11, 2016.
About Black Knight Financial Services, Inc.
Black Knight Financial Services, Inc. (NYSE: BKFS), a Fidelity National Financial (NYSE:FNF) company, is a 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 a 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. For more information on Black Knight Financial Services, please visit www.bkfs.com.