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

• November's 33,500 foreclosure starts marked a 26% year-over-year decline, and the lowest monthly volume since Black Knight began recording the metric in 2000
• The national foreclosure rate also fell by 3% from October to hit its lowest level since 2005
• Delinquencies rose seasonally in November, but remain nearly 5% below last year's level
• Prepayment activity fell 19% from October's six-year high due to both seasonal declines in home-sale-related prepays as well as higher interest rates impacting refinance incentive
• Despite the pullback, prepayment activity remains 123% above this point last year

JACKSONVILLE, Fla. - Dec. 30, 2019 - Black Knight, Inc. (NYSE:BKI) reports the following 'first look' at November 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.

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.