More Charts, Fewer Words (Recapping This Month’s Mortgage Monitor From Black Knight)
Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report. There are always more charts than we have time and room to post, but the charts are typically more interesting than whatever we have to say about them. So this month, let's try "more charts, fewer words."
The report usually begins with delinquency stats. This isn't too interesting for the average originator, but if anyone asks you if the present housing market is like it was in 2008, you can confidently tell them it's quite the opposite in terms of delinquencies.
"Prepayment" is also a term that doesn't mean much to the average mortgage originator, realtor, or consumer, but it is slightly more interesting than delinquency stats. Prepayment activity simply lets us k
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