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National foreclosure inventory drops: LPS

Black Knight Financial Services is reporting the national foreclosure inventory fell by 12,000 in July, bringing the total below 400,000 for the first time since February 2007. Last month saw 398,000.

FHFA: Home prices continue climb Report: Las Vegas home prices continue to climb – LAS VEGAS (AP) – A trade group report indicates that home prices in Las Vegas are continuing to climb and could reach the pre-recession peak this year. The Las Vegas Review-Journal reports the median.

Meanwhile, the national foreclosure pre-sale inventory rate averaged 3.41 percent, falling 0.82 percent month-over-month while making a steep 19.39 percent drop year-over-year.

7 Ways to Buy Foreclosure Properties This graph shows nationwide inventory. quarterly National Delinquency Survey, and a monthly report from Lender Processing Services (LPS). The MBA reported that 13.52 percent of mortgage loans were.

The foreclosure inventory rate in November was 0.4 percent, down 0.2 percent from one year earlier and the lowest level since January 2000. The rate for early-stage delinquencies was two percent, a.

The states with the lowest foreclosure-inventory rates in October were Wyoming. pointing to a recent uptick in delinquencies and drops in borrowers’ credit scores. According to LPS, a large share.

May’s 41,000 completed foreclosures represent a 64.9 percent drop from the September 2008 peak, while national foreclosure inventory of approximately 491,000 covered 1.3 percent of all homes with a.

Existing-home sales continue to slip Home sales continue to slip, setting the stage for a spring. – Home sales continue to slip, setting the stage for a spring rebound Sales of new single-family homes slipped for the second consecutive month, the Census Bureau reported this morning, falling to a 590,000 unit annualized pace in January.

foreclosure inventory peak year foreclosure inventory peak month foreclosure inventory peak number, in thousands unemployment rate in peak month total foreclosures by state for the 10 years (2007-2016), in thousands national 2011 january 1,563 9.0% 7,783 alaska 2011 january 1 8.7% 9 alabama 2011 january 10 11.0% 81

Shadow inventory — the supply of homes in default or foreclosure that may be. said prices will drop another 8 percent — to 2002 levels — before beginning a recovery in 2014. “On a national level.

The Tampa Bay figures – while still high by national standards. fourth in June in so-called "foreclosure inventory" – the percentage of homes in foreclosure. The bay area’s inventory stood at 3.5.

The May Mortgage Monitor report released by Lender Processing Services (NYSE: LPS) shows that the nation’s foreclosure inventory remains near all-time highs, with 4.12 percent of all active.

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U.S. homes in the foreclosure inventory dropped 3.51 percent in November – following a 2.84 percent decrease in October, and a 10 percent decline in September. LPS says the National Mortgage Settlement may have been a big factor in the drop and could be delaying the pace of foreclosures. Foreclosure starts could "rebound as mortgage servicers incorporate new procedural requirements into their operations," according to LPS.

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