JACKSONVILLE, Fla., Sept. 24, 2018 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI) reports the following "first look" at August 2018 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): 3.52% Month-over-month change: -2.43% Year-over-year change: -10.39%
Total U.S. foreclosure pre-sale inventory rate: 0.54% Month-over-month change: -4.41% Year-over-year change: -28.17%
Total U.S. foreclosure starts: 48,000 Month-over-month change: -0.62% Year-over-year change: -12.25%
Foreclosure sales as % of 90+: 1.96% Month-over-month change: 15.17% Year-over-year change: -7.35%
Number of properties that are 30 or more days past due, but not in foreclosure: 1,818,000 Month-over-month change: -43,000 Year-over-year change: -185,000
Number of properties that are 90 or more days past due, but not in foreclosure: 510,000 Month-over-month change: -18,000 Year-over-year change: -47,000
Number of properties in foreclosure pre-sale inventory: 280,000 Month-over-month change: -13,000 Year-over-year change: -105,000
Number of properties that are 30 or more days past due or in foreclosure: 2,099,000 Month-over-month change: -55,000 Year-over-year change: -290,000
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
District of Columbia:
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: 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 https://www.blackknightinc.com/data-reports/ by Oct. 8, 2018.
For more information about gaining access to Black Knight's loan-level database, please send an email to [email protected].
About Black Knight
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. For more information on Black Knight, please visit www.blackknightinc.com.