LPS: Loans in foreclosure down nearly 31% in July

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Aug. 26, 2013

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The number of loans in foreclosure dropped almost 31 percent year over year in July, to 2.82 percent of overall mortgage loans. That’s the lowest foreclosure inventory rate since February 2009, according to Lender Processing Services. The number of loans ...

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