Black Knight's First Look: 2020 Ends With 1.7 Million More Seriously Delinquent Homeowners Than at Start of Year; Foreclosures at Record Low

JACKSONVILLE, Fla., Jan. 22, 2021 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI) reports the following "first look" at December 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): 6.08%
Month-over-month change: -3.90%
Year-over-year change: 78.93%

Total U.S. foreclosure pre-sale inventory rate: 0.33%
Month-over-month change: 1.30%
Year-over-year change: -27.77%

Total U.S. foreclosure starts: 7,100
Month-over-month change: 61.36%
Year-over-year change: -82.03%

Monthly prepayment rate (SMM): 3.15%
Month-over-month change: 11.73%
Year-over-year change: 112.17%

Foreclosure sales as % of 90+: 0.07%
Month-over-month change: 5.18%
Year-over-year change: -95.33%

Number of properties that are 30 or more days past due, but not in foreclosure: 3,251,000
Month-over-month change: -130,000
Year-over-year change: 1,448,000

Number of properties that are 90 or more days past due, but not in foreclosure: 2,146,000
Month-over-month change: -47,000
Year-over-year change: 1,719,000

Number of properties in foreclosure pre-sale inventory: 178,000
Month-over-month change: 2,000
Year-over-year change: -67,000

Number of properties that are 30 or more days past due or in foreclosure: 3,429,000
Month-over-month change: -128,000
Year-over-year change: 1,382,000

                        Top 5 States by Non-Current* Percentage



            Mississippi:                                            10.79%



            Louisiana:                                              10.25%



            Hawaii:                                                  9.02%



            West Virginia:                                           8.38%



            New York:                                                8.31%

                  Bottom 5 States by Non-Current* Percentage



     Oregon:                                                4.18%



     Utah:                                                  4.03%



     Colorado:                                              3.92%



     Washington:                                            3.85%



     Idaho:                                                 3.37%

                   Top 5 States by 90+ Days Delinquent Percentage



     Mississippi:                                                6.40%



     Louisiana:                                                  6.36%



     Hawaii:                                                     5.87%



     Nevada:                                                     5.64%



     Alaska:                                                     5.26%

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



     New Jersey:                                             -29.32%



     Colorado:                                               -28.46%



     Alaska:                                                 -28.26%



     California:                                             -28.02%



     Utah:                                                   -28.01%

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



     West Virginia:                                              1.09%



     Oklahoma:                                                  -0.51%



     Arkansas:                                                  -0.86%



     Indiana:                                                   -2.36%



     Iowa:                                                      -2.40%

*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.


               2)               All whole numbers are rounded to
                                 the nearest thousand, except
                                 foreclosure starts, which are
                                 rounded to the nearest hundred.

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

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 https://www.blackknightinc.com/data-reports/ by Feb. 1, 2021.

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



     Black Knight, Inc.                    
     Black Knight, Inc.



     904.854.5043                          
     704.890.8158



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

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SOURCE Black Knight, Inc.