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foreclosure start volumes in late 2017 due to
hurricane-related moratoriums."
e states with the greatest percentage
of non-current loans, which includes both
delinquent loans and those in the foreclosure
process, were Mississippi (10.09 percent),
Louisiana (8.13 percent), Alabama (6.95
percent), West Virginia (6.69 percent), and
Arkansas (6.29 percent). Despite ranking high-
est for non-current loans, all of these states
experienced declines in non-current loan rates
over the year in December, and they remain
below their previous peaks, according to Black
Knight's data.
Florida experienced the greatest decline in
non-current loans over the six-month period
ending in December with a 12.37 percent
decline. Florida's non-current loan rate now
stands at 4.94 percent, which is less than
one-fifth its peak of 25.23 percent reached in
January 2010.
Following Florida in terms of declining
non-current loan rates were Wyoming, Ten-
nessee, Alaska, and Utah.
e greatest increases in the percentage of
non-current loans took place in the District
of Columbia (20.96 percent), Nebraska (20.38
percent), Illinois (18.52 percent), Arkansas (11.15
percent), and North Carolina (10.53 percent).
Despite these double-digit increases in non-
current loans over the second half of 2018, the
non-current loan rates in all of these states
remain well below their former peaks reached
between 2010 and 2012.
Black Knight also noted that prepayments
held steady at their 10-year low reached in
November.
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According to
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Willston, North
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