Black Knight Says Seriously Past-Due Loans Rise

According to Black Knight’s “first look” report for August, 2020, an improvement in early-stage delinquencies was offset by a 5% increase in serious delinquencies (those 90+ days past due) which have now risen in each of the past five months.  Black Knight says that overall, the national delinquency rate fell just 0.03 basis points from July after declining a combined 0.85 basis points over the prior two months, which they say is a "noticeable slowing in the rate of improvement." Continue reading HERE...