LPS: Mortgage delinquencies down 10%

According to data released by Lender processing services (lps) Tuesday, delinquency rates are down across all first-lien home loan products, with an 18 percent overall decline since the start of 2010. LPS reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) increased to 6.46% from 6.20% in August.

LPS reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) increased to 7.14% from 6.91% in May. The percent of delinquent loans is still significantly above the normal rate of around 4.5% to 5%. The percent of delinquent loans peaked at 10.57%, so delinquencies have fallen over half way back to normal.

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After five consecutive months of steady decline, the delinquency rate for U.S. home mortgages spiked nearly 10% in June, month over month, according to Lender Processing Services’ (LPS) ‘First Look’ Mortgage Report. The total U.S. loan delinquency rate (loans 30 or more days past due but not in.

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The December Mortgage. (LPS) shows a continued increase in the inventory of foreclosed mortgages as more loans advance through the default process. The number of newly delinquent loans declined.

New data from ""Lender Processing Services"":http://www.lpsvcs.com (LPS. foreclosure. The delinquency rate registered a decline, both for the month and the year, with January’s rate down 2.2.

In addition to presenting statistics on December delinquency rates and foreclosures, much of which was previewed earlier this month, The Lender processing services (lps) mortgage Monitor. Negative.

Bank of America proposes 3% down mortgages From Jon Prior at HousingWire: Mortgage Delinquencies Pass 10%: LPS Home-loan delinquency rates in the US reached 10% in December, up from the record-high 9.97% in November, according to Lender Processing Services. which provides data on mortgage performance.

Mortgage delinquencies and foreclosures continue to plummet across the nation, with the U.S. loan delinquency rate hitting 6.20% in August, down 10% from last year and 3.31% from a month earlier.

 · Mortgage loans: Record number are late Efforts to combat foreclosure plague are falling short as the total number of delinquent mortgage loans hits 9.64%.

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