serious delinquencies remain a concern, homeowners are recovering quickly from
pandemic induced mortgage delinquencies. Black Knight’s “first look” at November
loan performance found a further decline in the nation’s delinquency rate to
3.59 percent. This is a 4.11 percent improvement from October and down 43.29
percent from the rate in November 2020. At
the end of November there were 1.91 million homeowners who were 30 days or more
past due on their mortgage loans but not in foreclosure, an improvement of 80,000
since the end of October. One year earlier 3.38 million loans were past due.