In May, the latest month available, there were 47,000 completed foreclosures in the United States, down from 52,000 during the same month a year ago, the company reported.
Before the burst of the housing bubble and the ensuing financial crisis, the nation averaged 21,000 completed foreclosures per month, CoreLogic said.
Since September 2008, roughly 5 million homes have been lost to foreclosure.
As of May, about 660,000 homes in the United States were in some stage of foreclosure, down from 1 million in May 2013. That more recent number represented 1.7 percent of all American homes with a mortgage, down from 2.6 percent in May 2013.
“Significant gains have been made in the last year to reduce the foreclosure stock,” said Mark Fleming, chief economist for CoreLogic in a statement this morning.