CoreLogic: Foreclosures decline 16% in July

Foreclosure rates were down across the United States in April, according to a new report out of residential property information firm CoreLogic. April saw 52,000 foreclosures completed in the U.S.

13:30 ET Subscribe to our weekly e-newsletter, Top News. Annual decline in foreclosures slowed in August, CoreLogic report reveals. The inventory of homes in some stage of foreclosure declined at a slower annual rate in August than in July, according to the CoreLogic monthly assessment of U.S. foreclosures.

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CoreLogic released its monthly Loan Performance Insights Report, which shows that, nationally, 4.8 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in February 2018. This represents a 0.2 percentage point decline in the overall delinquency rate, compared with February 2017 when.

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“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.

There were about 34,000 completed foreclosures in July – a decrease of 6.8% compared with about 36,000 in June and a decrease of 16.5% compared with 41,000 in July 2015, according to CoreLogic’s National Foreclosure Report. What’s more, completed foreclosures were down 71.2% from the peak of 118,009 in September 2010.

CoreLogic executives noted: Foreclosures and delinquency rates continued their rapid descent in July. Every state posted a year-over-year decline in foreclosures and serious delinquencies fell to the.

CoreLogic also reports that the number of mortgages in serious delinquency (defined as 90 days or more past due including loans in foreclosure or REO) declined by 17.3 percent from July 2015 to July 2016, with 1.1 million mortgages, or 2.9 percent, in this category.

CoreLogic’shedonic home value index recoded a further 1.0% decline in national dwelling values over the first month of the year, taking the cumulative decline in Australian dwelling values to 6.1% since the market peaked in October 2017. The national index has fallen over 13 of the past 15 months and

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There were 55,000 foreclosures finished last month, down from 68,000 in June of last year, CoreLogic said. Still, that was a slight increase from 53,000 foreclosures in May. Before the housing market’s downturn in 2007, completed foreclosures averaged 21,000 per month between 2000 and 2006.

The CoreLogic data reveals that the rate of Huntington-Ashland area foreclosures among outstanding mortgage loans was 2.21 percent for the month of July 2013, a decrease of 0.55 percentage points compared to July of 2012 when the rate was 2.76 percent.