Foreclosure & Delinquency Rates Lowest in 20 years

CoreLogic Reports U.S. Overall Delinquency and Foreclosure Rates Lowest for January in at Least 20 Years

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, issues their Loan Performance Insights Report monthly. CoreLogic reports that, nationally, 4 percent of mortgages are in some stage of delinquency.

Interestingly, here in California, it’s not only lenders/private parties that foreclose, it’s also homeowners associations (HOA). I have seen this in other states, but it seems particularly onerous here in California due to the number of newer home developments.

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