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JANN SWANSON | Mortgage News Daily | “CoreLogic said today that the shadow inventory or pending supply of homes at the end of July consisted of 1.9 million homes with an approximate market value of $293 billion. The shadow inventory is a measure of the number of properties that are seriously delinquent, in foreclosure or held as REORead more

By Francys Vallecillo | World Property Channel | “The U.S. foreclosure inventory decreased 32 percent in July compared to last year, according to the latest numbers from CoreLogic. The inventory included approximately 949,000 homes in some stage of foreclosure. As of July, the foreclosure inventory represented 2.4 percent of all homes with a mortgage, compared toRead more

Lisa Mahapatra | International Business Times | “A total of 55,000 foreclosures were completed in June, a 20 percent decline from a year earlier, according to a just-released report from CoreLogic , a financial services and analytics firm. The number of distressed homes have fallen for 19 consecutive months, as have the number of homes that are seriouslyRead more

Francys Vallecillo | World Property Channel | “The number of completed foreclosures in the U.S. decreased 20 percent in June from the same time last year, according to the latest data from CoreLogic. The data also showed positive signs for the foreclosure inventory in the U.S. In June, there were about one million homes inRead more