Wednesday, August 29, 2012

Displaced families

CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its National Foreclosure Report for July which provides monthly data on completed foreclosures and the overall foreclosure inventory. According to the report, there were 58,000 completed foreclosures in the U.S. in July 2012 compared to 69,000 in July 2011 and 62,000* in June 2012. Since the financial crisis began in September 2008, there have been approximately 3.8 million completed foreclosures across the country. Completed foreclosures are an indication of the total number of homes actually lost to foreclosure.

Even though it's down for July it is still 58,000 displaced families which I'm sure a very large percentage of wanted (and tried) to work with the bank.

Read more here: http://www.sacbee.com/2012/08/28/4763590/corelogic-reports-58000-completed.html#storylink=cpy

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