Black Knight Financial Services Inc.’s Data & Analytics division reported a "first look" at July 2015 month-end mortgage performance statistics Friday from the technology, services and data solutions provider’s corporate headquarters in Jacksonville.
Deriving information from its loan-level database representing approximately two-thirds of the overall market, the company reported a total U.S. loan delinquency rate of 4.71 percent for July, representing a drop of 2.22 percent from the previous month and a significant 16.46 percent drop from 2014. Foreclosure inventory showed a significant 24 percent decrease from last year; and overall delinquency rates improved by 2.2 percent since June.
Additional data reflecting total foreclosure, inventory and other statistics, available on a state-by-state basis, is accessible via Black Knight’s website. For a more detailed view of this month's "first look" data, go to http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20150821.aspx
The company will provide further in-depth review in its monthly Mortgage Monitor report, which will include an analysis supplemented by charts and graphs reflecting trend and point-in-time observations. The Mortgage Monitor report will be available by Sept. 8.
Black Knight Financial Services Inc., a Fidelity National Financial company, is a mortgage and finance industries' provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage life cycle.