Mortgage Delinquencies Fall to 2nd Lowest Point in 12 Years

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Black Knight is reporting that mortgage delinquencies have fallen to their second lowest point in 12 years.  According to their “first look” report for April, delinquencies declined 1.6%, which they say ended a 7-month trend of annual increases.  In addition, foreclosure starts declined 5.4% overall with the number of mortgages in active foreclosure at their lowest point since August 2006.  

Click here to read the full report at Black Knight.

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Director of Education & Outreach, National Real Estate Investors Association

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