National foreclosure inventory drops: LPS

Inside Look: Real Estate Owned Gets Jumbo-Sized Traditionally, REO properties aren’t exactly the sort of thing most buyers would call their dream home; lower-priced properties, often in run-down neighborhoods, or in some state of disrepair.Closed sales of single-family homes in December fell from 219 to 146 compared to the previous year and at the end of 2018, closed sales tumbled 202 to 146, a 28 percent drop from November to December.

1:30pm | A foreclosure report issued today shows a month-to-month drop in foreclosure filings in January, although if history repeats itself that uptick may be a mere graphical blip before an impending storm of negative data on rising foreclosure filings on the horizon, some real estate experts say.

LPS: Average Days to Foreclose at 895 in August as National Pipeline Ratios Remain Over 3 Years. What this number gives us then is the number of months that it would take for all those in the foreclosure inventory and the pre-foreclosure inventory to clear at the current rate foreclosures are.

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%.

Foreclosure mess exposes the rot from within Foreclosure mess exposes the rot from within. october 11, 2010. Paul Jackson. Believe it or not, mortgage servicing is a noble industry. Or, at least, it’s supposed to be. Even in managing.