According to Black Knight’s “first look” report for September, 2021, the national delinquency rate on first lien mortgages fell slightly to 3.91% in September, the first time it’s been below 4% in 18 months. However, Black Knight points out that nearly 400k mortgage holders exited forbearance plans in the first two weeks of October alone, meaning it will be essential to track foreclosure metrics closely in the coming months.
Click here to read the full report at Black Knight.
