Real Estate Foreclosures Decline as 90 Day Mortgage Deliquencies Slow

The number of mortgage loans that were 90 days or more overdue but not in foreclosure decreased by 31,000 month-over-month (and 148,000 year-over-year) down to 1.13 million.

Foreclosure inventory continued its decline. As of the end of December, there were 820,o00 residential properties in some state of foreclosure, representing a nearly 35 percent decline from December 2013 (and a 1.1 percent drop from November to December).  READ MORE

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