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  • Metro East REIA

Foreclosure Starts Increased 15% in December ’22

According to Black Knight’s “first look” report for December, 2022, the national delinquency rate on first lien mortgages increased to 3.08% in December, but finished the year 30 basis points (-9%) below its December 2021 level. Black Knight says foreclosure starts increased by 15% in December to 26,900 – which was the third consecutive increase, however that figure was still 30% below pre-pandemic levels. Continue reading HERE...

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