CoreLogic: Foreclosures decline 16% in July

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The foreclosure inventory declined by 29.1% and completed foreclosures declined by 16.5% compared with July 2015, according to the 2016 National Foreclosure Report from CoreLogic. The number of completed foreclosures nationwide decreased year over year from 41,000 in July 2015 to 34,000 in July 2016, representing a decrease of 71.2% from the.

Foreclosure inventory continues to decline, decreasing 23.4% annually in April, while completed foreclosures declined by 15.8% annually, according to the April 2016 National Foreclosure Report. “Home values posted an annual gain of 5.8% through September in the CoreLogic Home Price Index, and payroll employment rose 2.4 million for the year.

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 · According to CoreLogic’s July 2016 National Foreclosure Report, U.S. foreclosure inventory declined by 29.1 percent and completed foreclosures declined by 16.5 percent compared with July 2015. The number of completed foreclosures nationwide decreased year over year from 41,000 in July 2015 to 34,000.

S&P/Experian: Mortgage default rates increase two months straight Due to higher default rates in bank cards and auto loans, the composite default rate shows a two basis point increase over this period. Analysis "Default rates on bank cards and auto loans held steady.

When looking at only the top 50 markets based on housing stock, 42% were overvalued, 16% were undervalued and 42% were at value. The CoreLogic MCI analysis defines an overvalued housing market as one in which home prices are at least 10% above the long-term, sustainable level.

Foreclosure inventory decreased 29.1% annually in July from, and completed foreclosures decreased 16.5% from 41,000 last year to 34,000. This decrease represents a drop of 71.2% from the peak of.

CoreLogic also reported a decline in the number of. The rate was 3.14 percent, compared with 3.16 percent in July and 3.69 percent in August 2014. CoreLogic typically does not provide commentary in.

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Real time CoreLogic (CLGX) stock price quote, stock graph, news & analysis. Real time CoreLogic (CLGX) stock price quote, stock graph, news & analysis.

Foreclosure Rate Fell to 4.6% in July. 2017-CoreLogic released its monthly Loan Performance Insights Report which shows that, nationally, 4.6% of mortgages were in.

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.

When looking at only the top 50 markets based on housing stock, 42% were overvalued, 16% were undervalued and 42% were at value. The CoreLogic MCI analysis defines an overvalued housing market as one in which home prices are at least 10% above the long-term, sustainable level.

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.

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