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Mortgage Monitor: “Nearly 2 million modified mortgages face interest rate resets”

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Mortgage Monitor: “Nearly 2 million modified mortgages face interest rate resets”

Black Knight Financial Services (BKFS, formerly the LPS Data & Analytics division) released their Mortgage Monitor report for April today. According to BKFS, 5.62% of mortgages were delinquent in April, up from 5.52% in March. BKFS reports that 2.02% of mortgages were in the foreclosure process, down from 3.17% in April 2013. This gives a...
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