February’s foreclosure inventory fell to lowest rate since 1999

This was the lowest foreclosure inventory rate since the third quarter of 2006.. The serious delinquency rate, the percentage of loans that are 90 days or more past due or in the process of foreclosure, was 2.30 percent in the second quarter of 2018, a decrease of 31 basis points from last quarter, and a decrease of 19 basis points from last year.

One Nomura trader convicted, one cleared at bond fraud trial

 · Foreclosure rates have dropped recently which is welcome economic news after 7.8 million homes were lost to foreclosure since the peak of homeownership in 2004. Foreclosure inventory.