National foreclosure inventory drops: LPS

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.

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While troubling statistics in isolation, the combined delinquency and foreclosure rate in the Carolinas remain below the national average (13.2%). Accordingly, we believe pricing will continue to face relatively less pressure from heavily discounted distressed inventory entering early 2010. Foreclosures are entering the market slowly. As we.

The robo-settlement impact on future foreclosures Mortgage Insurance Fund Results to Impact Future of Housing. in Daily Dose, Featured, Government, Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely.

By Michael Olenick, founder and CEO of Legalprise, and creator of FindtheFraud, a crowd sourced foreclosure document review system (still in alpha). You can follow him on Twitter at @michael_olenick "Shadow inventory," the number of homes that are either in foreclosure or are likely to end up in foreclosure, creates substantial but hidden pressure on housing prices and potential losses to.

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This represents a 0.6 percent drop from one year earlier. The foreclosure inventory rate in September was 0.5 percent, down 0.1 percent from the previous year. September’s rate tied with the April,

The number of U.S. homes currently in some stage of foreclosure totals approximately 325,000, compared with 465,000 in November 2015. That represents a decline in the national. drop in defaults. Of.

According to data from the National. "The foreclosure starts rate decreased by the largest amount ever in the MBA survey and now stands at half of its peak in 2009. Similarly, the 33 bp drop in the.

CoreLogic: Foreclosure inventory drops by 33%. March 11, 2015. IRVINE, Calif. (3/12/15)–The national foreclosure inventory dropped one-third in January, compared with a year earlier, according to the latest foreclosure report from CoreLogic.

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The July Mortgage Monitor report released by lender processing services (LPS) showed that national foreclosure inventories remain stable – and near historic highs – while delinquencies, down 30 percent from the January 2010 peak, continued to decline slightly.

Year-over-year, the change in delinquency rate experienced an 11.8 percent drop. inventory was at 2,148,000. In August, the number of U.S. properties that were 30 or more days delinquent or in.