Black Knight Inc.’s Data & Analytics division says its most recent Mortgage Monitor Report shows a 16.4% decline in residential delinquencies, suggesting that improving economic trends are now being reflected in the mortgage market.
“Not only did March see the largest single-month improvement in delinquencies in 11 years, but all indications suggest more is yet to come,” says Black Knight Data & Analytics President Ben Graboske. “Several factors contributed to particularly strong mortgage performance in March,