WHITE PLAINS—Westchester County has both good and bad news on the foreclosure front. A familiar pattern continues as the number of judgments entered on foreclosed properties rose more than 8% over the same period last year.
The number of new foreclosure filings dropped almost 27% when compared to last year’s first quarter. The Westchester County Clerk’s office reported that Westchester County has experienced a steady increase in foreclosed properties since 2011. Last year 1,178 actions were commenced, representing the highest total in recent memory.
“While the number of filings is still higher than preferred, we are encouraged by the steady decline over the past two years. Judgments remain high due to older foreclosure filings making it through the court,” said Westchester County Clerk Timothy C. Idoni, who serves as Clerk of the Westchester County Supreme Court where foreclosure actions are heard.
In the first three months of 2016, 416 foreclosure filings were accepted by the Office of the Westchester County Clerk, down from 569 in the first quarter of 2015. This continues the positive steady decline since filings peaked at 680 in the first quarter of 2013.
Westchester County Foreclosure Actions
