Black Knight: Delinquencies Improved Again in November 2020, But Nearly 2.2 Million Seriously Past-Due Mortgages Remain

JACKSONVILLE, Fla., Dec. 21, 2020 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) reports the following "first look" at November 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): 6.33%
Month-over-month change: -1.76%
Year-over-year change: 79.20%

Total U.S. foreclosure pre-sale inventory rate: 0.33%
Month-over-month change: -1.63%
Year-over-year change: -29.82%

Total U.S. foreclosure starts: 4,400
Month-over-month change: -6.38%
Year-over-year change: -86.87%

Monthly prepayment rate (SMM): 2.82%
Month-over-month change: -11.07%
Year-over-year change: 92.60%

Foreclosure sales as % of 90+: 0.07%
Month-over-month change: -3.49%
Year-over-year change: -95.76%

Number of properties that are 30 or more days past due, but not in foreclosure: 3,381,000
Month-over-month change: -56,000
Year-over-year change: 1,513,000

Number of properties that are 90 or more days past due, but not in foreclosure: 2,193,000
Month-over-month change: -66,000
Year-over-year change: 1,754,000

Number of properties in foreclosure pre-sale inventory: 176,000
Month-over-month change: -2,000
Year-over-year change: -72,000

Number of properties that are 30 or more days past due or in foreclosure: 3,557,000
Month-over-month change: -59,000
Year-over-year change: 1,441,000

                        Top 5 States by Non-Current* Percentage



            Mississippi:                                             11.11%



            Louisiana:                                               10.74%



            Hawaii:                                                   9.45%



            New York:                                                 8.49%



            Oklahoma:                                                 8.36%

                  Bottom 5 States by Non-Current* Percentage



     Montana:                                               4.35%



     Oregon:                                                4.33%



     Colorado:                                              4.19%



     Washington:                                            4.06%



     Idaho:                                                 3.45%

                   Top 5 States by 90+ Days Delinquent Percentage



     Mississippi:                                                6.58%



     Louisiana:                                                  6.51%



     Hawaii:                                                     5.80%



     Nevada:                                                     5.77%



     Alaska:                                                     5.61%

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



     New Jersey:                                             -27.80%



     California:                                             -27.75%



     New York:                                               -24.74%



     Colorado:                                               -24.34%



     Alaska:                                                 -23.47%

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



     Nebraska:                                                   1.30%



     Oklahoma:                                                   0.35%



     Arkansas:                                                   0.25%



     Iowa:                                                       0.12%



     West Virginia:                                             -0.81%

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

Notes:

               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.

For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom.

For more information about gaining access to Black Knight's loan-level database, please send an email to Mortgage.Monitor@bkfs.com.

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 www.blackknightinc.com.

     For more information:





     Michelle Kersch                       
     Mitch Cohen



     904.854.5043                          
     704.890.8158



     
                michelle.kersch@bkfs.com 
     
                mitch.cohen@bkfs.com

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SOURCE Black Knight, Inc.