Foreclosure Starts Hit 18-year Low in August

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Black Knight’s “first look” report for August, 2019 says that there were 36,200 foreclosure starts which was the lowest single-month total since December 2000.  In addition they report that the number of loans in active foreclosure inventory was around 253k (the fewest since 2005) and that August’s prepayment rate was up 62% a year earlier.

Click here to read the full report at Black Knight.

 

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Director of Education & Outreach, National Real Estate Investors Association