According to new data, both overall foreclosure starts and first-time foreclosure starts recently hit record lows, with first-time starts hitting their lowest point on record at just 24,200. Foreclosure pre-sale inventory also dropped steeply for the month, falling 3.47 percent. The states with the highest share of delinquent loans were Mississippi, Louisiana, Alabama, West Virginia, and Maine. Mississippi had the most seriously delinquent loans.
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Source: DS News