JACKSONVILLE, Fla., May 24, 2016 /PRNewswire/ -- The Data & Analytics division of Black Knight Financial Services, Inc. (NYSE: BKFS) reports the following "first look" at April 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

https://photos.prnewswire.com/prnvar/20150712/235391LOGO

Total U.S. foreclosure pre-sale inventory rate: 1.17%
Month-over-month change: -5.87%
Year-over-year change: -27.76%

Total U.S. foreclosure starts: 58,700
Month-over-month change: -19.37%
Year-over-year change: -16.62%

Monthly Prepayment Rate (SMM): 1.26%
Month-over-month change: -3.24%
Year-over-year change: -7.25%

Foreclosure Sales as % of 90+: 2.13%
Month-over-month change: -2.53%
Year-over-year change: 6.20%

Number of properties that are 30 or more days past due, but not in foreclosure: 2,146,000
Month-over-month change: 84,000
Year-over-year change: -235,000

Number of properties that are 90 or more days past due, but not in foreclosure: 730,000
Month-over-month change: -3,000
Year-over-year change: -179,000

Number of properties in foreclosure pre-sale inventory: 595,000
Month-over-month change: -36,000
Year-over-year change: -225,000

Number of properties that are 30 or more days past due or in foreclosure: 2,741,000
Month-over-month change: 48,000
Year-over-year change: -460,000

Top 5 States by Non-Current* Percentage
Mississippi: 11.04%
Louisiana: 9.05%
New Jersey: 9.03%
New York: 7.92%
Maine: 7.92%

Bottom 5 States by Non-Current* Percentage
Alaska: 2.99%
South Dakota: 2.86%
Minnesota: 2.72%
Colorado: 2.53%
North Dakota: 2.17%

Top 5 States by 90+ Days Delinquent Percentage
Mississippi: 3.67%
Louisiana: 2.73%
Alabama: 2.58%
Arkansas: 2.19%
Rhode Island: 2.15%

Top 5 States by 6-Month Improvement in Non-Current* Percentage
 Nebraska: -19.69%
Florida: -15.88%
Washington: -14.92%
Michigan: -14.80%
Illinois: -14.69%

Top 5 States by 6-Month Deterioration in Non-Current* Percentage
 Alaska: 19.29%
North Dakota: 2.33%
Wyoming: -2.15%
Montana: -6.48%
Louisiana: -7.62%

*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 Financial Services'
       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/20160524.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 June 6, 2016.

For more information about gaining access to Black Knight's loan-level database, please send an email to dataanalyticsinfo@bkfs.com.

About Black Knight Financial Services, Inc.
Black Knight (NYSE: BKFS), a Fidelity National Financial (NYSE:FNF) company, is a leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.

Black Knight is committed to being the premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.bkfs.com.



    For more information:

    Michelle Kersch          Mitch Cohen

    904.854.5043             646.546.5103

    michelle.kersch@bkfs.com mitch@mprg.com

Logo - http://photos.prnewswire.com/prnh/20150712/235391LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/black-knight-financial-services-first-look-at-april-mortgage-data-lowest-number-of-foreclosure-starts-in-10-years-prepay-activity-falls-despite-low-rates-300273732.html

SOURCE Black Knight Financial Services, Inc.