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Stockreport

Black Knight’s Mortgage Monitor: “Hurricane Effect” Aside, Mortgage Performance Continued to Improve in 2017; Foreclosure Starts, Completions at 17-Year Lows

BLACK IRON INC (BKI)  More Company Research Source: GlobeNewswire
Last black iron inc earnings: 2/7 04:05 pm Check Earnings Report
PDF Though mortgage delinquencies ended 2017 at a 23-month high (up 164K from 2016 year-end), in non-hurricane-impacted areas – representing 90 percent of the total market – delinquency rates declinedThe national delinquency rate in non-hurricane-affected areas was 11 percent below long-term normsThe total number of mortgages either past due or in foreclosure fell by more than 140K in non-hurricane-affected areas, pushing the non-current rate in these areas down to 10 percent below long-term normsA total of 649K foreclosure starts were initiated in 2017, the fewest of any year since 20002017 saw the fewest first-time foreclosure starts on record, which were both 15 percent below 2016 levels and roughly half their pre-crisis annual average While foreclosure inventory is on track to normalize in 2018, more than 125K active foreclosures remain in which no payment has been made in more than two years; 63K have not had a payment in five years or moreThe 232K total foreclosure sales (completion [Read more]

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