Black Knight’s First Look at February 2018 Mortgage Data: Though Hurricane-Related Delinquencies Linger, Foreclosures Fall;...

Black Knight, Inc. (NYSE:BKI) reports the following “first look” at February 2018 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):​ 4.30%Month-over-month change: -0.21 %Year-over-year change: 2.10%

Total U.S. foreclosure pre-sale inventory rate: 0.65%Month-over-month change: -1.81%Year-over-year change: -30.30%

Total U.S. foreclosure starts: 46,700Month-over-month change: -25.04%Year-over-year change: -19.34%

Monthly prepayment rate (SMM): 0.72%Month-over-month change: -8.93%Year-over-year change: -10.58%

Foreclosure sales as % of 90+: 1.40%Month-over-month change: -19.68%Year-over-year change: -24.97%

Number of properties that are 30 or more days past due, but not in foreclosure: ​2,198,000Month-over-month change: -4,000Year-over-year change: 63,000

Number of properties that are 90 or more days past due, but not in foreclosure: ​697,000Month-over-month change: -10,000Year-over-year change: 56,000

Number of properties in foreclosure pre-sale inventory: ​331,000Month-over-month change: -6,000Year-over-year change: -139,000

Number of properties that are 30 or more days past due or in foreclosure: 2,528,000Month-over-month change: -11,000Year-over-year change: -77,000

Top 5 States by Non-Current* Percentage

Mississippi:			10.69%
Louisiana:			9.11%
Florida:			8.21%
Alabama:			7.53%
West Virginia:			6.96%

Bottom 5 States by Non-Current* Percentage

Idaho:			2.61%
Oregon:			2.54%
Washington:			2.52%
North Dakota:			2.51%
Colorado:			2.10%

Top 5 States by 90+ Days Delinquent Percentage

Florida:			3.84%
Mississippi:			3.35%
Louisiana:			2.60%
Texas:			2.27%
Alabama:			2.13%

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

Washington:			-7.85%
District of Columbia:			-6.76%
New Jersey:			-6.47%
New York:			-5.48%
New Mexico:			-3.95%

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

Florida:			57.33%
Texas:			12.74%
North Dakota:			8.65%
Alaska:			6.58%
Georgia:			6.46%

*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 at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20180322.aspx

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 http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/Mortgage-Monitor.aspx by April 2, 2018.

For more information about gaining access to Black Knight’s loan-level database, please send an email to [e-mail].

About Black KnightBlack Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.

As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.blackknightinc.com.

SOURCE: BLACK KNIGHT, INC.

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Michelle Kersch                                                                                          Mitch Cohen904.854.5043                                                                                              [e-mail]                                                                         [e-mail]