According to Black Knight’s “first look” report for July, 2021, overall delinquency volumes continued to edge closer to their pre-pandemic levels, however the number of serious delinquencies were still significantly elevated at the end of July. They point out that around 1.45 million borrowers remained 90+ days past due (not yet in foreclosure) entering August. Black Knight says the potential foreclosure activity in the coming months warrants close observation. Indeed…
Click here to read the full report at Black Knight.