Black Knight, Inc. (NYSE:BKI) reports the following “first look” at January 2018 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):​ 4.31%Month-over-month change: -8.57 %Year-over-year change: 1.31%

Total U.S. foreclosure pre-sale inventory rate: 0.66%Month-over-month change: 1.84%Year-over-year change: -30.35%

Total U.S. foreclosure starts: 62,300Month-over-month change: 40.0%Year-over-year change: -11.51%

Monthly prepayment rate (SMM): 0.79%Month-over-month change: -14.73%Year-over-year change: -16.80%

Foreclosure sales as % of 90+: 1.74%Month-over-month change: 42.25%Year-over-year change: -21.75%

Number of properties that are 30 or more days past due, but not in foreclosure: ​2,202,000Month-over-month change: -210,000Year-over-year change: 40,000

Number of properties that are 90 or more days past due, but not in foreclosure: ​707,000Month-over-month change: -19,000Year-over-year change: 43,000

Number of properties in foreclosure pre-sale inventory: ​337,000Month-over-month change: 6,000Year-over-year change: -144,000

Number of properties that are 30 or more days past due or in foreclosure: 2,539,000Month-over-month change: -204,000Year-over-year change: -104,000

 
Top 5 States by Non-Current* Percentage 
Mississippi: 10.95%
Louisiana: 9.34%
Florida: 8.34%
Alabama: 7.47%
West Virginia: 7.17%
   
Bottom 5 States by Non-Current* Percentage 
Idaho:  2.59%
Washington:  2.50%
Oregon: 2.43%
North Dakota: 2.36%
Colorado:  2.05%
   
Top 5 States by 90+ Days Delinquent Percentage 
Florida: 3.96%
Mississippi: 3.37%
Louisiana: 2.68%
Texas: 2.33%
Alabama: 2.13%
 
Top 5 States by 6-Month Improvement in Non-Current* Percentage
District of Columbia: -11.18%
Washington: -10.37%
New Jersey: -8.33%
Oregon: -6.98%
Utah: -6.89%
   
Top 5 States by 6-Month Deterioration in Non-Current* Percentage 
Florida: 59.37%
Texas: 21.85%
Louisiana: 6.55%
Georgia 5.85%
Alaska: 5.69%
   

*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 at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20180223.aspx

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 http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/Mortgage-Monitor.aspx by March 5, 2018.

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

About Black KnightBlack Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.

As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.blackknightinc.com.

For more information:

Michelle Kersch904.854.5043michelle.kersch@bkfs.com 

Mitch Cohen704.890.8158mitch.cohen@bkfs.com 

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