Black Knight's First Look: Serious Delinquencies Improved in September for the First Time Since the Start of the Pandemic

JACKSONVILLE, Fla., Oct. 22, 2020 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) reports the following "first look" at September 2020 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): 6.66%Month-over-month change: -3.10%
Year-over-year change: 89.03%

Total U.S. foreclosure pre-sale inventory rate: 0.34%
Month-over-month change: -2.86%
Year-over-year change: -29.14%

Total U.S. foreclosure starts: 4,500
Month-over-month change: -25.00%
Year-over-year change: -88.58%

Monthly Prepayment Rate (SMM): 3.04%
Month-over-month rate: 12.70%
Year-over-year change: 95.96%

Foreclosure Sales as % of 90+: 0.08%
Month-over-month change: 34.48%
Year-over-year change: -95.13%

Number of properties that are 30 or more days past due, but not in foreclosure: 3,542,000
Month-over-month change: -137,000
Year-over-year change: 1,688,000

Number of properties that are 90 or more days past due, but not in foreclosure: 2,323,000
Month-over-month change: -43,000
Year-over-year change: 1,880,000

Number of properties in foreclosure pre-sale inventory: 181,000
Month-over-month change: -6,000
Year-over-year change: -71,000

Number of properties that are 30 or more days past due or in foreclosure: 3,722,000
Month-over-month change: -145,000
Year-over-year change: 1,616,000

                 Top 5 States by Non-Current* Percentage

     Mississippi:                                        11.54%

     Louisiana:                                          11.15%

     Hawaii:                                              9.15%

     New York:                                            8.92%

     Texas:                                               8.76%

                 Bottom 5 States by Non-Current*

     Montana:                                             4.55%

     Oregon:                                              4.54%

     Colorado:                                            4.41%

     Washington:                                          4.25%

     Idaho:                                               3.68%

                 Top 5 States by 90+ Days Delinquent

     Mississippi:                                         6.78%

     Louisiana:                                           6.41%

     Alaska:                                              6.16%

     Nevada:                                              6.08%

     Hawaii:                                              5.93%

                 Top 5 States by 6-Month Improvement in
                  Non-Current* Percentage

     Mississippi:                                        27.11%

     Alabama:                                            38.23%

     West Virginia:                                      41.90%

     Louisiana:                                          47.87%

     Arkansas:                                           48.36%

                 Top 5 States by 6-Month Deterioration
                  in Non-Current* Percentage

     Nevada:                                            174.64%

     Hawaii:                                            149.86%

     Colorado:                                          146.81%

     Alaska:                                            137.79%

     California:                                        136.34%

*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.


              1)                      Totals are extrapolated based
                                        on Black Knight's loan-level
                                        database of mortgage assets.

                                      All whole numbers are rounded
                                        to the nearest thousand,
                                        except foreclosure starts,
                                        which are rounded to the

              2)                       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 by Nov. 2, 2020.

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

About Black Knight

Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.

Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit

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     Michelle Kersch                       
     Mitch Cohen



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