The national foreclosure inventory continued its downward trend and declined by 24.3%. On a yearly basis, the number of foreclosures nationwide decreased from 67,000 in September 2014 to 55,000 in September 2015.
Additionally, the number of mortgages in serious delinquency declined by 21.2% from September 2014 to September 2015 with 1.3 million mortgages, or 3.4%, in this category. This is the lowest serious delinquency rate since December 2007!
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