Black Knight’s “first look” at December 2016 mortgage data reveals that the inventory of loans in active foreclosure nationwide declined by more than 200,000 in 2016. December saw nearly 60k foreclosure starts which represented a 24% decline from December 2015. Black Knight uses performance statistics derived from its loan-level database representing the majority of the national mortgage market for their reports.
Click here to read the full report on bkfs.com.