New Foreclosure Filings level off. Final Foreclosure Judgments More than Double

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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.

“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.

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