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April Delinquencies Improve Despite Historic Pattern

(Mortgage News Daily) - 6 months, 3 weeks ago
 Posted To: MND NewsWireLoan performance continued to improve in April, even though Black Knight says mortgage delinquencies have a historic pattern of increasing during that month. The overall delinquency rate declined 1.6 percent from March to a national rate of 3.67 percent. That rate is down by 10.17 percent from the previous April. Black Knight notes, in its "first look" at the month's loan performance data, that not only did April's improvement buck a trend that has affe...
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