Completed US foreclosures fall 73% from 2010 peak

Real estate market tracker CoreLogic reported 32,000 completed foreclosures in December, a 22 percent drop compared to the same month a year earlier.

The December figure also is 72.8 percent below the peak of 117,722 foreclosures set in September 2010, according to a news release.

As of Dec. 31, the national foreclosure inventory - representing homes currently in the foreclosure process - comprised 433,000 homes, or about 1.1 percent of all homes with a mortgage. That’s down from 1.5 percent in December 2014.

The number of homes with mortgages at least 90 days delinquent declined 23.3 percent to 1.2 million.

"Reflecting on the full-year foreclosure results for 2015, we can see that completed foreclosures are down more than 20 percent for the year, which is the lowest level since 2006, before the crisis," said Frank Nothaft, CoreLogic chief economist, in the release.