Black Knight Financial Services, Inc. reports the following "first look" at May 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 4.25%
Month-over-month change: 0.36%
Year-over-year change: -13.47%

Total U.S. foreclosure pre-sale inventory rate: 1.13%
Month-over-month change: -3.55%
Year-over-year change: -28.78%

Total U.S. foreclosure starts: 62,100
Month-over-month change: 5.79%
Year-over-year change: -19.77%

Monthly Prepayment Rate (SMM): 1.30%
Month-over-month change: 3.31%
Year-over-year change: -2.40%

Foreclosure Sales as % of 90+: 2.03%
Month-over-month change: -4.58%
Year-over-year change: -1.85%

Number of properties that are 30 or more days past due, but not in foreclosure: 2,153,000
Month-over-month change: 7,000
Year-over-year change: -325,000

Number of properties that are 90 or more days past due, but not in foreclosure: 719,000
Month-over-month change: -11,000
Year-over-year change: -160,000

Number of properties in foreclosure pre-sale inventory: 574,000
Month-over-month change: -21,000
Year-over-year change: -229,000

Number of properties that are 30 or more days past due or in foreclosure: 2,727,000
Month-over-month change: -14,000
Year-over-year change: -553,000

Top 5 States by Non-Current* Percentage
Mississippi: 11.09%
Louisiana: 9.13%
New Jersey: 8.86%
Maine: 7.85%
Alabama: 7.85%

Bottom 5 States by Non-Current* Percentage
Montana: 3.03%
South Dakota: 2.92%
Minnesota: 2.71%
Colorado: 2.57%
North Dakota: 2.33%

Top 5 States by 90+ Days Delinquent Percentage
Mississippi: 3.68%
Louisiana: 2.79%
Alabama: 2.55%
Arkansas: 2.11%
Rhode Island: 2.11%

Top 5 States by 6-Month Improvement in Non-Current* Percentage
Washington: -18.73%
Nebraska: -18.61%
Florida: -17.93%
Nevada: -17.63%
Arizona: -16.26%

Top 5 States by 6-Month Deterioration in Non-Current* Percentage
North Dakota: 5.32%
Alaska: 5.25%
Wyoming: -1.06%
Louisiana: -9.04%
Vermont: -10.14%

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

Notes:

1) Totals are extrapolated based on Black Knight Financial Services' loan-level database of mortgage assets.

2) All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.

For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom athttp://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20160622.aspx.