INDUSTRY ILLUSTRATED
WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS
2,164,000 LOANS IN FORECLOSURE IN JANUARY 2012
11% liquidated through
have transitioned third-party sales, including
to REO
short sales or deeds-in-lieu
22%
—of those two-thirds
were modified
2%
foreclosure
fate of remaining
2% is unknown
10% are current
42%
are still in
have been
paid in full
FORECLOSURE
11%
now classified as delinquent—17% re-defaulted
after modification, remaining reverted from
foreclosure to 90+ days delinquent
Tracking
Foreclosures
Source: Lender Processing Services
112
DS News tracks the latest and most relevant industry data and reports to keep you
in the know. This month, we're highlighting Lender Processing Services' analysis
as it traced the path of nearly 2.2 million mortgages that made up the industry's
foreclosure inventory more than a year ago. Where are they now? Most remain
trapped in foreclosure limbo. Nationwide, 42 percent of loans in foreclosure at the
start of 2012 were still part of the foreclosure inventory as of January 2013.
