Brookfield Office Properties : Black Knight’s First Look at December 2019 Mortgage Data

• Mortgage delinquencies fell by nearly 4% month-over-month to within 0.04% of the record low set in May 2019 and more than 12% below last year's level
• The national foreclosure rate fell again in December to reach a new 14-year low, and the lowest on record outside the final five months of 2005
• 2019 ended with just over two million borrowers past due on their mortgage (including active foreclosures) - down 236,000 from the same time last year and the lowest year-end volume since the turn of the century
• After falling by 19% in November, prepayment rates ticked upward in December, suggesting that the recent leveling off of interest rates has had a flattening effect on refinance activity

JACKSONVILLE, Fla. - Jan. 22, 2020 - Black Knight, Inc. (NYSE:BKI) reports the following 'first look' at December 2019 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

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*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.

Notes:

• Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.
• All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.

The company will provide a more in-depth review of this data in its monthly Mortgage Monitor report, which includes an analysis of data supplemented by detailed charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available online at https://www.blackknightinc.com/data-reports/ by Feb. 3, 2020.

For more information about gaining access to Black Knight's loan-level database, please send an email to [e-mail].

About Black Knight

Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.

As a leading fintech, Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight, please visit www.BlackKnightInc.com.