Industry NewsMarkets & Economy

Foreclosure inventory remains near all-time high

LPS: Most homes in foreclosure in judicial states delinquent for more than 2 years
Published on Jul 9, 2012

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by CareyBot

The number of U.S. homes in the foreclosure pipeline remained near an all-time high in May with judicial foreclosure states posting inventory levels more than twice that in non-judicial foreclosure states, according to a monthly report from loan data aggregator Lender Processing Services released today.