The foreclosure inventory, that is the percentage of loans in the process of foreclosure, appears to have stabilized at 0.6 percent of all outstanding first mortgage loans. CoreLogic said on Tuesday that that the inventory has been unchanged at that level , the lowest since June 2007, since last August . Foreclosure News
Though early-stage mortgage delinquencies inched up in December, serious delinquency and foreclosure inventory rates declined on an annual basis, according to CoreLogic's Loan Performance Insights Report. Early-stage delinquencies ticked up 0.1 percentage points to 2.3%, but the serious delinquency rate, describing mortgages 90 or more days past due , dipped from 2.3% to 2.1% year-over-year […]
U.S. foreclosure activity in Q3 2017 was 31 percent below the pre-recession average of 278,912 properties with foreclosure filings per quarter between Q1 2006 and Q3 2007 – the fourth consecutive quarter where U.S. foreclosure activity has tracked below the pre-recession average. “Legacy foreclosures from the high-risk loans originated between 2004 and 2008 have largely […]
Foreclosure starts dropped to the lowest level recorded since January 2005, according to Black Knight Financial Services' October First Look report. In total, there were 56,500 foreclosure starts in October, down 8.43% from September and 22.81% from a year earlier. Foreclosure News
The mayor and a new inspector general for a suburban Chicago city are contending that a law firm overcharged by more than $ 656,000 during a… ABA Journal Daily News