Black Knight Financial Services released their “First Look” at September’s mortgage data that found that the rate of all mortgages in active foreclosure fell to 1% – its lowest point in nine years. In addition, they also report that September had the 3rd highest repayment rate in three years. Black Knight derives their mortgage performance statistics from its loan-level database representing the majority of the national mortgage market.
Click here to read the full report at Black Knight Financial Services.