The report found that the foreclosure rate is at its lowest point since 2008, and the
number of seriously delinquent loans not in foreclosure is down over 200,000 since last year. The company’s loan-level database represents approximately two-thirds of the overall market. The total U.S. foreclosure pre-sale inventory was 2.02 percent for April, down 5.0 percent from March. Home Inventory Down In April: After rising slightly to close out 2013, home inventory has been steadily declining ever since, read more.
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