This presentation outlines where foreclosures have been over the past five years -- 8.2 million foreclosure starts and 4 million completed foreclosures (REO) -- and what to expect in the next two years.
The presentation shows data supporting the notion that foreclosure activity is past its peak for this housing slump, but that there is more pain to come as lenders slowly work their way through delayed foreclosures and new foreclosures caused by a still-fragile economy over the next two years.