Decline in foreclosure action filings continues into 2018 in Westchester County

Foreclosure filings have been on the decline in Westchester County over the past five years, and the trend continued into the beginning of 2018, according to the Westchester Business Journal. Foreclosure filings between January and March were down seven percent from the first quarter of 2017, while foreclosure judgments were down 2.8 percent from the same quarter. Westchester County Clerk Timothy Idoni credits “a more stable financing market and resultant stability in mortgage payments” for the trend. [WBJ]