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January Foreclosure Starts Fall to Survey Lows
Monday, March 23, 2020
Loan performance overall continues
to validate the perceived quality of recent loan vintages and delinquency metrics
continue to test and break old records. Foreclosure starts were down 20 percent
in January 2020 compared to a year earlier, just one of the further
improvements noted in Black Knight's "first look" at January/February data. Starts
numbered 32,300, which was 24.5 percent lower than in December. It was the
lowest level of foreclosure starts since Black Knight began reporting it exactly
20 years earlier.
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