August 5, 2015 | Updated 11:50am

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Black Knight: Foreclosure Inventory Lowest Since April 2008; Judicial States Take Disproportionate Share

The U.S. foreclosure inventory rate dropped to 1.88 percent in June, down 1.5 percent from May, according to a new report from Black Knight Financial Services. The total loan delinquency rate dropped to 5.7 percent in June, down 1.55 percent from May. The foreclosure inventory rate has declined for 26 straight months, and is currently at its lowest point since April 2008.

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