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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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