Saturday, April 20, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Delinquencies Improve While Active Foreclosures Fall

In its report on the November 2021 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market, Black Knight Inc. has found that the total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) was 3.59% with the month-over-month change at -4.11% and the year-over-year change at -43.29%.

The total U.S. foreclosure pre-sale inventory rate was 0.25% (month-over-month change of -4.32%,

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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