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Home » Recovery Proceeds; Foreclosures, Defaults Lower
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Recovery Proceeds; Foreclosures, Defaults Lower

June 7, 2013
Signs of healing and recovery in the nation’s housing and mortgage markets continue to proliferate. Among the most recent evidence of this is that the nation’s foreclosure inventory fell substantially in April from a year ago, according to a new report from CoreLogic. As of the end of April 2013, approximately 1.1 million homes in the U.S. were in some stage of foreclosure, compared to 1.5 million the year before, a year-over-year decrease of 24 percent. The foreclosure inventory was down 2 percent from ...
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