CoreLogic: Foreclosures decline 16% in July

CoreLogic states that 166 U.S. metro areas in March posted small increases in overall delinquency rates. "Delinquency rates and foreclosures continue to drop through March and should decline further ..

Is Buying a Foreclosure a Good Idea?  · Foreclosure inventory decreased 29.1% annually in July from, and completed foreclosures decreased 16.5% from 41,000 last year to 34,000. This decrease represents a drop of 71.2% from the peak of.

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 · Nationwide, completed home foreclosures declined 16.5 percent in July 2016 compared to a year ago and 71.2 percent from the peak of 118,009 in September 2010, according to global property information and analytics provider CoreLogic.

Lenders completed fewer U.S. foreclosures in June than they did a year ago, while the number of properties sitting in the foreclosure pipeline also decreased as the housing market continued to.

“Delinquency rates and foreclosures continue to drop through March and should decline further in. president and CEO of CoreLogic. The next CoreLogic Loan Performance Insights Report will be.

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CoreLogic, Irvine, Calif., said foreclosure action and the nation’s foreclosure inventory continued to decline in July. The company’s National Foreclosure Report said the foreclosure inventory declined by 27.9 percent and completed foreclosures declined by 24.4 percent from a year ago.

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