Black Knight, Inc. (NYSE:BKI) reports the following “first look” at June 2022 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): 2.84%
Month-over-month change: 3.31%
Year-over-year change: -35.10%
Total U.S. foreclosure pre-sale inventory rate: 0.36%
Month-over-month change: 8.73%
Year-over-year change: 30.05%
Total U.S. foreclosure starts: 23,800
Month-over-month change: 26.60%
Year-over-year change: 440.91%
Monthly prepayment rate (SMM): 0.81%
Month-over-month change: -7.07%
Year-over-year change: -64.27%
Foreclosure sales as % of 90+: 0.53%
Month-over-month change: 6.15%
Year-over-year change: 328.83%
Number of properties that are 30 or more days past due, but not in foreclosure: 1,511,000
Month-over-month change: 50,000
Year-over-year change: -809,000
Number of properties that are 90 or more days past due, but not in foreclosure: 599,000
Month-over-month change: 4,000
Year-over-year change: -951,000
Number of properties in foreclosure pre-sale inventory: 190,000
Month-over-month change: 16,000
Year-over-year change: 45,000
Number of properties that are 30 or more days past due or in foreclosure: 1,700,000
Month-over-month change: 65,000
Year-over-year change: -766,000
