Hurricanes continue to impact October delinquencies


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.

Source: Hurricanes continue to impact October delinquencies