JACKSONVILLE, Fla., Dec. 23, 2015 /PRNewswire/ -- The Data & Analytics division of Black Knight Financial Services, Inc. (NYSE: BKFS) 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%
Month-over-month change: 3.18%
Year-over-year change: -18.26%
Total U.S. foreclosure pre-sale inventory rate: 1.38%
Month-over-month change: -3.24%
Year-over-year change: -21.24%
Total U.S. foreclosure starts: 66,600
Month-over-month change: -9.02%
Year-over-year change: -9.76%
Monthly Prepayment Rate (SMM): 0.92%
Month-over-month change: -15.70%
Year-over-year change: 0.39%
Foreclosure Sales as % of 90+: 1.77%
Month-over-month change: -12.86%
Year-over-year change: 25.48%
Number of properties that are 30 or more days past due, but not in foreclosure: 2,491,000
Month-over-month change: 76,000
Year-over-year change: -546,000
Number of properties that are 90 or more days past due, but not in foreclosure: 827,000
Month-over-month change: 7,000
Year-over-year change: -293,000
Number of properties in foreclosure pre-sale inventory: 698,000
Month-over-month change: -23,000
Year-over-year change: -185,000
Number of properties that are 30 or more days past due or in foreclosure: 3,189,000
Month-over-month change: 53,000
Year-over-year change: -732,000
Top 5 States by Non-Current* Percentage
New Jersey: 10.47%
New York: 9.03%
Bottom 5 States by Non-Current* Percentage
South Dakota: 3.37%
North Dakota: 2.21%
Top 5 States by 90+ Days Delinquent Percentage
Rhode Island: 2.48%
Top 5 States by 6-Month Improvement in Non-Current* Percentage
New Hampshire: -7.67%
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.
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.
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 at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/Mortgage-Monitor.aspx by Jan. 11, 2016.
For more information about gaining access to Black Knight's loan-level database, please send an email to [email protected].
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.
SOURCE Black Knight Financial Services, Inc.