Westchester Foreclosure Judgments Reach Record Highs in 2015

Westchester Foreclosure Judgments Reach Record Highs in 2015

Written By: Talk of the Sound News

WHITE PLAINS, NY — “The alarming increase injudgments recorded in Westchester County in 2015 is indicative of a foreclosure crisis that continues to linger,” reported Westchester County Clerk Timothy C. Idoni who serves as Clerk of the Westchester County Supreme Court where foreclosure actions are heard.  “However, as judgments increased sharply,fourth quarter filings continued to drop, which is on par with what we are seeing across the nation,” continued Idoni. The Office of the Westchester County Clerk reported two thousand one hundred twenty five(2,125) foreclosure actions filed between January 1st and December 31st.  The filings fell below record highs in 2013 and 2014.    The drop in filings in 2015 is in sharp contrast to the ballooning of judgments for the same period.  The year ended with one thousand one hundredseventy eight(1,178) judgments, well ahead of theseven hundred and seventy two (772) foreclosure judgments recorded in 2014.  In particular, the number of December 2015 judgments (167) is more than double the number recorded for December 2014 (70).  A month-by-month breakdown of foreclosure filings follows:

     

Jan

Feb

Mar

Apr

May

June

July

Aug

Sept

Oct

Nov

Dec

Total

2006

100

119

159

120

140

128

112

136

117

162

130

123

1,546

2007

146

132

252

181

145

156

176

226

179

201

181

191

2,166

2008

243

231

285

224

202

225

238

242

73

96

71

76

2,206

2009

124

154

210

266

240

266

280

319

332

320

249

363

3,123

2010

260

181

222

210

208

262

219

247

216

209

110

141

2,485

2011

133

145

144

150

157

156

155

153

106

113

143

100

1,655

2012

105

131

142

148

150

147

192

161

159

184

142

150

1,811

2013

207

199

275

269

265

210

252

227

138

227

196

232

2,697

2014

206

234

245

218

170

144

168

175

178

213

187

189

2,326

2015

164

191

216

231

212

185

183

153

161

154

146

129

2,125

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

 

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

2006

29

25

28

27

45

25

37

46

50

42

45

41

440

2007

55

33

47

43

62

52

62

71

52

86

65

80

708

2008

83

84

76

106

106

92

113

104

55

74

49

92

1,034

2009

76

56

100

62

84

2

110

35

32

66

48

64

735

2010

42

26

67

62

81

50

65

68

49

62

16

12

600

2011

6

10

16

14

16

16

17

11

23

9

22

17

177

2012

14

15

19

12

9

24

28

23

11

15

21

17

208

2013

26

14

22

28

30

32

31

25

25

69

24

45

372

2014

28

86

66

50

77

46

64

62

81

76

     65    

     70

772

2015

85

56

126

103

133

82

66

132

88

97

    43

167

1,178

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 visitingwww.wroinc.org.  

For more information on the Office of the Westchester County Clerk, please visit WestchesterClerk.com or call (914)995-3082.