By Jann Swanson
Posted To: MND NewsWire
Completed foreclosures declined by nearly a quarter over the course of 2014 CoreLogic said today, and the foreclosure inventory has improved even further, down nearly one-third over the 12 months ended in January 2015. According to CoreLogic’s National Foreclosure Report, a significant decline was also posted year-over-year in the serious delinquency rate. There were 43,000 completed foreclosures in January compared to 55,000 in January 2014. It was the 37 th consecutive month of year-over-year declines in the number of homes lost to foreclosure and represented a 63 percent drop from the peak of foreclosure activity in September 2010. The number of completed foreclosures rose in January by 14.7 percent from the 37,000 reported in December. An estimated 5.5 million homes have been lost to foreclosure…(read more)
Via:: Foreclosures, Delinquencies, Backlogs all Shrink Year-Over-Year
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