MORTGAGE FORECLOSURES

摘要

On February 10, 2015, CoreLogic released its December National Foreclosure Report which shows there were 39,000 completed foreclosures nationwide in December 2014, down from 46,000 in December 2013. This represents a year-over-year decrease of 13.7% and a decrease of 66% from the peak of completed foreclosures in September 2010. The 12-month sum of completed foreclosures for 2014, at 563,294, is at its lowest point since November 2007 when it was 589,570 and has declined every month for the past 34 consecutive months. On a month-over-month basis, completed foreclosures were down 4.9% from the 41,000 (revised) reported in November 2014. As a basis of comparison, before the decline in the housing market in 2007, completed foreclosures averaged 21,000 per month nationwide between 2000 and 2006.