January Foreclosure Rate Down 16.2% Year-Over-Year

Irvine, CA, March 8, 2016—In January 2016, the national foreclosure rate was 38,000, or 1.2%, down to one-third the peak of from exactly five years earlier in January 2011, according to CoreLogic’s January National Foreclosure Report.

January’s rate represents a 16.2% year-over-year decrease from January 2015’s rate of 46,000 foreclosures, and a 1.6% decrease from the prior month, December 2015.