foreclosures

foreclosures Articles

The total U.S. inventory of foreclosed properties is down more than 24% year over year in July to just 1.4% of mortgaged properties.
The current foreclosure rate is the lowest since January of 2008, and the foreclosure inventory has declined every month for the past 44 months.
In the month of May, 41,000 U.S. home foreclosures were completed, according to research firm CoreLogic.
The number of U.S. homes currently in some stage of foreclosure totals 553,000, down from 761,000 in February 2014.
The current U.S. foreclosure rate is the lowest since March of 2008, and the foreclosure inventory has declined every month for the past 39 months.
In December, a total of 39,000 U.S. home foreclosures were completed, according to research firm CoreLogic.
About 7.3 million people who owned a home that went through foreclosure in the housing market collapses could potentially be back in the real estate market within eight years.
In the month of November, 41,000 U.S. home foreclosures were completed, down 12.6% month over month and down 9.6% from 46,000 in November of 2013, according to research firm CoreLogic.
Foreclosure filings in the United States dropped 9% in November, compared with October, and 1% compared with November 2013.
According to CoreLogic, the 12-month total of completed foreclosures is at its lowest level since October 2007 and has declined every month for the past 35 months.
Distressed home sales in the United States dropped in September, according to RealtyTrac.
Reports have broken that Ocwen Financial backdated letters being sent out to homeowners regarding loan modifications and the like.
According to one of the leading research firms in the real estate industry, foreclosures rose in the third quarter.
In the month of August, 45,000 U.S. home foreclosures were completed, up 1.1% month over month but down 22.2% from a year ago.
The foreclosure rate nationwide moved higher by 7% in August, but several states, led by Florida, had the worst of it.