Mortgage prepayments rise and delinquencies fall in April, Black Knight says

Mortgage prepayments rise and delinquencies fall in April, Black Knight says. By Interstate Abstract 22 May, 2019; The prepayment rate on first-lien U.S. mortgages rose 17% from March to 0.99%, bringing the three-month aggregate increase to 67%, Existing home sales rise 2.5% in May.

JACKSONVILLE, Fla. – May 22, 2018 – Black Knight, Inc. (NYSE:BKI) reports the following "first look" at April 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

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The mortgage delinquency rate continued to drop in April, falling to the lowest level in more than 20 years, according to CoreLogic’s Loan Performance Insight Report. What’s more, the serious delinquency rate was at its lowest level in more than 14 years. As of the end of April, the overall delinquency rate (loans 30 days [.]

Black Knight: Prepayments are Falling, Hurricane Effect Lingers. Black Knight says it will provide a more in-depth review of this data in its monthly mortgage monitor report, which will be.

Congress passed a bill late Monday, two days after the start of the U.S. hurricane season, that extends the National Flood Insurance Program by four months. The move came on top of a stopgap vote on.

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Black Knight is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the home ownership life-cycle.. Mortgage delinquencies fall to a record low in May.. Transforming the Mortgage Industry with RAP April.

Black Knight released their Mortgage Monitor report for May today. According to Black Knight, 3.36% of mortgages were delinquent in May, down from 3.64% in May 2018. Black Knight also reported that 0.49% of mortgages were in the foreclosure process, down from 0.59% a year ago.

Mortgage prepayments rise and delinquencies fall in April, Black Knight says. root-May 21, 2019. 0.. strong economy eases worries over rise in mortgage delinquencies: MBA. root-May 14, 2019. 0. Editors’ pick. $713 million in GSE, Ginnie Mae servicing rights up for bid.

Black Knight’s First Look: Mortgage Delinquencies Buck Upward Seasonal Trend in April, Fall to Second Lowest Point in 12 Years. Areas impacted by Hurricanes Harvey and Irma led April’s.