REDWOOD CITY, Calif. -

According to the newest RDN Monthly Analytics Update, June recovery volumes increased 2 percentage points from May levels while June recovery orders also moved 2 percentage points higher from the previous month.

RDN reiterated its Recovery Volume Trend Summary provides a rolling 29-month summary of the volume of recoveries and orders in the U.S.

Officials indicated recovery volumes as a percentage of sales financed ended at a 23 index level in June, which represented a 1 percentage point increase from the prior month but a 2 percentage point dip versus the prior year.

The update also mentioned FICO scores for new and used buyers experienced a year-plus plunge from a high in January 2010 with a recovery beginning in May of last year. The report noted June represented a slight decrease from the previous month.

Looking at the data by geography, RDN determined that among the top 20 largest cities, New York experienced the greatest actual volume increase during the month of June. Meanwhile, San Jose, Calif., posted the greatest relative volume increase, shooting up by 41 percent.

Elsewhere, RDN pointed out Texas leads the nation with the highest volume of involuntary recoveries at just under 6,000 units in June.

Furthermore, officials mentioned Florida leads the nation with the highest volume of voluntary recoveries at just under 1,200 units recovered during June.