Items Tagged with 'serious delinquency'

ARTICLES

Mortgage delinquency rates signal improving economy

CoreLogic report reviews foreclosure crisis
CoreLogic released a report reviewing the years before and during the foreclosure crisis, and compared them to the current state of the market. By looking back at the years, the property analytics provider shows just how much the economy improved, and in what direction it is headed.
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Completed foreclosures drop 40% in December

Homes in serious delinquency fall to lowest level since 2007
Foreclosures decreased substantially at the end of 2016, as completed foreclosures sank 40% and foreclosure inventory dropped 30%. In fact, homes in serious delinquency dipped to its lowest level since 2007. CoreLogic’s president and CEO talks about what turn foreclosure trends will take in 2017.
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Foreclosure inventory declines another 30%

Hovers slightly above pre-crisis levels
Foreclosures dropped once again by 30% for the year ending in November 2016, according to CoreLogic’s new report. Now, foreclosure numbers are hovering slightly above pre-crisis numbers. In fact, the number of homes in serious delinquency hit the lowest point since 2007.
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CoreLogic: Completed foreclosures reverse trend, increase

But foreclosure inventory decreases
Foreclosures increased slightly from last month, but continue to decrease annually. And while the number of homes lost to foreclosure is up, there are no new homes moving into foreclosure to take their place. Foreclosure inventory continues to decrease both monthly and yearly.
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MBA: Foreclosure starts lowest in 16 years

Judicial states worse off
The nation continues to see foreclosure rates decline to lows not seen since 2000 or 2007. But there's still some ground to make up, especially in judicial states, which could be holding the market back from recovery. Here’s why.
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