Foreclosure Inventory Down Nearly 30 Percent as 2013 Ends – NMP Skip to main content

Foreclosure Inventory Down Nearly 30 Percent as 2013 Ends

NationalMortgageProfessional.com
Jan 28, 2014

The Data and Analytics division of Black Knight Financial Services (formerly the LPS Data & Analytics division) has reported the following "first look" at December 2013 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market. ►Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):      6.47% ►Month-over-month change in delinquency rate: 0.26% ►Year-over-year change in delinquency rate: -9.85% ►Total U.S. foreclosure pre-sale inventory rate: 2.48% ►Month-over-month change in foreclosure pre-sale inventory rate: -0.74% ►Year-over-year change in foreclosure pre-sale inventory rate: -27.90% ►Number of properties that are 30 or more days past due, but not in foreclosure: 3,243,000 ►Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,280,000 ►Number of properties in foreclosure pre-sale inventory: 1,244,000 ►Number of properties that are 30 or more days delinquent or in foreclosure: 4,488,000 ►States with highest percentage of non-current loans: MS, NJ, FL, NY, LA ►States with the lowest percentage of non-current loans: MT, CO, AK, SD, ND
Published
Jan 28, 2014
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