Black Knight’s First Look at March 2017 Mortgage Data: Delinquency Rate Drops to 11-Year Low; Prepayments Up 20 Percent from February’s Three-Year Low

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JACKSONVILLE, Fla., April 21, 2017 (GLOBE NEWSWIRE) -- The of  (NYSE:BKFS) reports the following “first look” at March 2017 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): 3.62%Month-over-month change: -14.08%Year-over-year change: -11.40%

Total U.S. foreclosure pre-sale inventory rate: 0.88%Month-over-month change: -4.60%Year-over-year change: -29.15%

Total U.S. foreclosure starts: 60,300Month-over-month change: 4.15%Year-over-year change: -17.17%

Monthly Prepayment Rate (SMM): 0.96%Month-over-month change: 20.03%Year-over-year change: -25.98%

Foreclosure Sales as % of 90+: 2.29%Month-over-month change: 22.59%Year-over-year change: 4.74%

Number of properties that are 30 or more days past due, but not in foreclosure: 1,831,000Month-over-month change: -304,000Year-over-year change: -231,000

Number of properties that are 90 or more days past due, but not in foreclosure: 589,000Month-over-month change: -52,000Year-over-year change: -144,000

Number of properties in foreclosure pre-sale inventory: 448,000Month-over-month change: -22,000Year-over-year change: -183,000

Number of properties that are 30 or more days past due or in foreclosure: 2,279,000Month-over-month change: -326,000Year-over-year change: -414,000

For a more detailed view of this month’s “first look” data, please visit the Black Knight newsroom at

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 by May 1, 2017.

For more information about gaining access to Black Knight’s loan-level database, please send an email to .

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 . 

For more information:

Michelle Kersch

Mitch Cohen

More news and information about Black Knight Financial Services, Inc.

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Globe Newswire: 14:00 GMT Friday 21st April 2017

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