The foreclosure pipeline has 4 Million homes. These home owners are in foreclosure or are 90 days delinquent or more.
Foreclosure Starts fell below 200,000 which is a 31 percent drop (from March to April). This is a drop of 14.7 percent from last year.
It's a good sign that foreclosure starts are on the decline, especially since the foreclosure pipeline is already so very bloated.