Black Knight, Inc. (NYSE: BKI) reports the following “first look” at May 2019 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.36%
Month-over-month change: -3.03%
Year-over-year change: -7.50%

Total U.S. foreclosure pre-sale inventory rate: 0.49%
Month-over-month change: -1.65%
Year-over-year change: -17.38%

Total U.S. foreclosure starts: 39,000
Month-over-month change: -5.80%
Year-over-year change: -13.14%

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Monthly prepayment rate (SMM): 1.23%
Month-over-month change: 24.31%
Year-over-year change: 32.17%

Foreclosure sales as % of 90+: 1.81%
Month-over-month change: 6.94%
Year-over-year change: -0.82%

Number of properties that are 30 or more days past due, but not in foreclosure: 1,760,000
Month-over-month change: -52,000
Year-over-year change: -107,000

Number of properties that are 90 or more days past due, but not in foreclosure: 461,000
Month-over-month change: -13,000
Year-over-year change: -107,000

Number of properties in foreclosure pre-sale inventory: 255,000
Month-over-month change: -4,000
Year-over-year change: -48,000

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Number of properties that are 30 or more days past due or in foreclosure: 2,015,000
Month-over-month change: -57,000
Year-over-year change: -156,000

Top 5 States by Non-Current* Percentage

Mississippi:	9.86%
Louisiana: Advertisement	7.34%
Alabama:	6.37%
West Virginia:	5.94% Advertisement
Arkansas:	5.64%

Bottom 5 States by Non-Current* Percentage

California:	2.15% Advertisement
Idaho:	2.02%
Washington:	1.98%
Oregon: Advertisement	1.91%
Colorado:	1.75%

Top 5 States by 90+ Days Delinquent Percentage

Mississippi: Advertisement	3.05%
Louisiana:	1.93%
Alabama:	1.86% Advertisement
Arkansas:	1.68%
Tennessee:	1.30%

Top 5 States by 6-Month Improvement in Non-Current* Percentage

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Idaho:	-20.85%
North Dakota:	-19.04%
Kentucky: Advertisement	-17.73%
Iowa:	-15.90%
Oregon:	-15.86% Advertisement

Top 5 States by 6-Month Deterioration in Non-Current* Percentage

Alaska:	9.70%
New York:	-0.70% Advertisement
Nebraska:	-1.72%
Maryland:	-2.38%
Delaware: Advertisement	-3.06%

*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.
Notes:
1)     Totals are extrapolated based on Black Knight’s loan-level database of mortgage assets.
2)     All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.

For a more detailed view of this month’s “first look” data, please visit the Black Knight newsroom.

The company will provide a more in-depth review of this data in its monthly Mortgage Monitor report, which includes an analysis of data supplemented by detailed charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available online at https://www.blackknightinc.com/data-reports/ by July 1, 2019.

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SOURCE Black Knight, Inc.