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After seeing a spike in September, mortgage delinquencies declined 8.2 percent in October and nearly 18 percent from the same period last year, according to the Black Knight First Look report released on Tuesday.
The report indicated that there were 165,000 fewer past due loans in October than the previous month.
Serious delinquencies, the report said, hit a 12-year low after falling by 14,000 from September and 90,000 on a year-over-year basis.
READ MORE: https://dsnews.com/daily-dose/11-27-2018/serious-delinquencies-hit-a-12-year-low
