November’s Foreclosure Rate Down 18.8% Year-over-Year

Irvine, CA, January 12, 2016—There were 33,000 completed foreclosures nationally in November 2015, according to CoreLogic’s National Foreclosure Report, down from 41,000 in November 2014, a decline of 18.8%.

November’s report represents the 49^th month of consecutive year-over-year declines and was 2% below October 2015’s figure.

The seriously delinquent rate in November was 3.3%, the lowest level since December 2007.

Approximately 448,000 homes in the U.S. were in some stage of the foreclosure process in November 2015, compared to 573,000 in November 2014.