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National foreclosure inventory drops: LPS

There were about 118,000 foreclosures in Florida between October 2013 and October 2014 – more than a fifth of the national total. Florida’s foreclosure inventory rate fell. said he’s seen a big.

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Foreclosure inventory was down 25.9 percent year-over-year in June. June’s number of lost homes due to foreclosure marks a 67.5 percent drop from the national peak in September 2010.

The number of U.S. homes currently in some stage of foreclosure totals approximately 427,000, compared with 556,000 in March 2015. That represents a decline in the national foreclosure inventory of.

The foreclosure inventory in judicial states remains. related movoto: Big drop in days on market The January data also showed that, despite an overall national trend of improvement, new problem.

By the fall of 2008, the excess inventory of unsold homes was. national economic contraction. 1. Loan Data from LPS / black knight financial services. 4.. The third quarter of the 2014 calendar year has dropped further to.

Some Highlights: According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007. April marked the 54th consecutive month of year-over-year declines in foreclosure inventory. Only 3% of homes in the United States are in serious delinquency.

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Even the states which decreased the least saw drops in the 23 to 25 percent range.. Based on the Mortgage Bankers Association (MBA) National. to enter foreclosure based on Lender Processing Services (LPS) roll rates.. The issue in Florida largely stems from inflated foreclosure inventory which.

How to Invest in Pre-foreclosures Part 1 of 2 Just over 2.1 million loans are 90 days or more delinquent but not yet in foreclosure, with nearly 6.9 million loans in some stage of delinquency or foreclosure. The total number of delinquent loans is nearly twice as high as historical averages – and foreclosure inventory is currently 7.8 times higher than historical averages and is rising.

LPS – foreclosures down. This national performance masks underlying differences between judicial states, where foreclosure inventory levels stand at 6.5%, and non-judicial states, where foreclosure inventory levels are more than 2.5 times lower at 2.45%.

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Since November of 2015, foreclosures dropped from 35000 to 26000.. The foreclosure inventory represents the number of homes at some stage of the. to the November 2016 National Foreclosure Report from CoreLogic.

CoreLogic has released its National Foreclosure Report, which provides data on completed U.S. foreclosures and the overall foreclosure inventory, and in January 2013, there were 61,000 completed.

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