National Mortgage Delinquency Rate Skyrockets to 9.2% LPS Mortgage Monitor

Month over Month Increase of 2.3%, Year over Year Increase of 7.9% ~ May Foreclosure Rate = 3.18% Year over Year Increase of 13.5% ~ Total Non-Current (including Delinquencies and Foreclosures) Florida 22.4% ~ Foreclosure Starts –Nevada and Florida are still the hot spots ~ JACKSONVILLE, Fla., July 6 /PRNewswire-FirstCall/ — The May Mortgage Monitor … Read more

LPS’ April Mortgage Monitor Report: Stabilization Clouded by Elevated Pool of Distressed Loans and Rate of New Delinquencies

90-day Default Rate Stable; Eight States Still Exceed Foreclosure Inventory National Average JACKSONVILLE, Fla., June 1 /PRNewswire-FirstCall/ — The Mortgage Monitor report released today by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, indicated that signs of stabilization in the nation’s home loan delinquency and foreclosure rates remain … Read more

LPS Lender Processing Services Mortgage Monitoring Report Feb 2010

Nearly 7.5 Million Loans Are In Some Stage of Delinquency; Estimated One Million Properties in REO Status JACKSONVILLE, Fla., March 15 /PRNewswire-FirstCall/ — The February 2010 Mortgage Monitor report, released by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, shows that while delinquency rates in the U.S. have … Read more

More than 7.2 Million Loans Behind On Payments; Estimated 1 Million Properties in REO Status

JACKSONVILLE, Fla. – Feb. 3, 2010 – The January 2010 Mortgage Monitor report, released by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, showed that home loan delinquency rates in the U.S. have now surpassed 10 percent. Factoring in foreclosures in process, according to the data in LPS’ … Read more