Only Texas and Florida recorded an increase in delinquencies during the month
The national delinquency rate increased in October as hurricane impacts continue to be felt, according to a first look at October mortgage performance statistics released by Black Knight.
Black Knight reported a four basis points increase in the national delinquency rate, while there was a decrease of 14 basis points in non-affected areas. Delinquencies increased 24% or 186 basis points in locations affected by Hurricanes Harvey and Irma and declared disaster areas by FEMA. Delinquencies dropped in all states except Texas and Florida.