Foreclosure Filings Level Off as Judgments Soar

Written By: Talk of the Sound News

2014 foreclosure judgments up 140% over first three quarters of 2013

WESTCHESTER, NY — “While a drop in new actions is a hopeful sign that the Westchester foreclosure crisis is slowing, far too many foreclosure actions still end in a judgment of foreclosure,” reported Westchester County Clerk Timothy C. Idoni who serves as Clerk of the Westchester County Supreme Court where foreclosure actions are heard. The Office of the Westchester County Clerk reported one thousand seven hundred and thirty eight (1,738) foreclosure actions started between January 1st and September 30th of this year, as compared with two thousand forty two (2,042) during the same period last year. Five hundred and sixty (560) foreclosure judgments have been entered in the first three quarters of 2014, in comparison to two hundred and thirty three (233) entered during the first three quarters of 2013.

A month-by-month breakdown of foreclosure filings follows:

Forclosure filings

A month-by-month breakdown of foreclosure judgments follows:

Forclosure judgements

Westchester Residential Opportunities (WRO), a non-profit housing agency with offices in White Plains and Mount Vernon, conducts Mortgage Default Orientation sessions most Wednesdays in their White Plains Office. Trained counselors are available to help at (914) 428-4507 or by visiting www.wroinc.org.

For more information on the Office of the Westchester County Clerk, please visit WestchesterClerk.com or call (914)995-3081.