Black Knight Says Annual Home Price Growth Hits All-Time High in February Black Knight’s Mortgage Monitor Report for February, 2022 says home prices increased 1.84% in February – which is nearly four times the 25-year average for the month – and the 14th month of the pandemic to see greater than 1% monthly growth. In
Black Knight Says Foreclosure Starts 20% Below Pre-Pandemic Levels, Despite Increase Black Knight’s Mortgage Monitor Report for January, 2022 says that despite a more than 7x increase, January’s foreclosure starts remained more than 20% below pre-pandemic levels. In addition, foreclosure starts were almost evenly split between borrowers who were already delinquent prior to the pandemic
Black Knight Says Foreclosure Starts Reverse Course in September According to Black Knight’s “first look” report for September, 2021, the national delinquency rate on first lien mortgages fell slightly to 3.91% in September, the first time it’s been below 4% in 18 months. However, Black Knight points out that nearly 400k mortgage holders exited forbearance
Black Knight Says Foreclosure Starts Edge Higher According to Black Knight’s “first look” report for August, 2021, The national delinquency rate on first lien mortgages fell to 4% in August, the lowest it’s been since pandemic-related impacts caused mortgage delinquencies to spike in early 2020. However, Black Knight says August’s 7,100 foreclosure starts represented the
Black Knight Says 1.45 Million Mortgages Remain Seriously Past Due According to Black Knight’s “first look” report for July, 2021, overall delinquency volumes continued to edge closer to their pre-pandemic levels, however the number of serious delinquencies were still significantly elevated at the end of July. They point out that around 1.45 million borrowers remained
