February 2016 Lee County Fl Foreclosure Trend Report

Trends at a glance:

Lis Pendens:

—February 2016: 95 Mortgage related Lis Pendens.

—January 2016: 80 Mortgage related Lis Pendens.

—February 2015: 131 Mortgage related Lis Pendens.

Certificates of Title:

—February 2016: 70 Certificates of Title were conveyed.

—January 2016: 147 Certificates of Title were conveyed.

—February 2016 : 336 Certificates of Title were conveyed.

Notes:

—More of the same…

—We had a month over month increase and a year over year decrease for Mortgage Related Lis Pendens Filings..

—The top ten Lis Pendens filers (National Lending entities) represent 45  percent of the filings.

—Ditech was number 1 in filings

 

February 2016 Lee County Fl Foreclosure Trend Report

The chart above from the February 2016 Lee County Fl Foreclosure Trend Report shows the market finding its “new normal” For foreclosure counts to jump. It would require an increase in leverage. Particularity leverage of the unsustainable kind.

February 2016 Lee County Fl Foreclosure Trend Report

The above chart from the February 2016 Lee County Fl Foreclosure Trend Report shows the deeds transferred via a certificate of foreclosure.

February 2016 Lee County Fl Foreclosure Trend Report

The chart above from the February 2016 Lee County Fl Foreclosure Trend Report is of the Mortgage Related Lis Pendens filings to include the last cycle ( for perspective).

 

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