Hurricane season responsible for 10% of delinquent mortgages.. While mortgage payment delinquencies are generally down across the country, they were explainably up in states hit by Hurricanes.
LPS Applied Analytics released their April Mortgage Performance data.From LPS: Delinquencies increased slightly in April. Delinquencies are down almost 10% on the year and over 25% from the peak in January 2010.
How Jefferies’ compliance failed in mortgage fraud case Change across the regulatory compliance. of “too big to fail” from $50 billion to as much as $250 billion. There’s also the exemption of some loan originators from disclosure requires, as had been.
Mortgage Default Rate Spikes In June: LPS.. ) — The national mortgage delinquency rate rose sharply. be the key to catching the retail stocks that are on their way up rather than down.
LPS' November "First Look" Mortgage Report: Delinquencies. – Press Release LPS’ November "First Look" Mortgage Report: Delinquencies Increase, Still Down 10% YTD; New Jersey Overtakes Florida in Non-Current Loans
According to Jacksonville-based Lender Processing Services (NYSE: LPS) "First Look" Mortgage. Dade County were 10 percent above what they were a year earlier, up from 10,264 to 11,245, and 0.4.
Mortgage Delinquency and Foreclosure Trends-Georgia First Quarter 2010 This report for Georgia is part of the Mortgage Delinquency and Foreclosure Trends series, released quarterly, which provides information on mortgage market conditions in the six states that compose the
FHA serious delinquency rate inches up while originations decline PDF HOUSING FINANCE AT A GLANCE – urban.org – totaling 5 million, mostly due to the high interest rates and the seasonal swing. The share of portfolio originations was 21 percent, down sharply from 31 percent in 2016. The GSE share went up to 53 percent, from 46 percent for 2016. The FHA/VA share was slightly up: 25 percent in Q1 2017 versus 23 percent in 2016. Origination of private-
Calculated Risk: LPS: Mortgage delinquencies decreased in August – LPS reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) decreased to 6.87% from 7.03% in July. 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.
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. Accounting for foreclosures in the pipeline, the total non-current rate stands at 13.3%..
Next month St. Louis County and St. Charles County will hold their annual collector’s real property tax sale. The City of St. Louis holds their property tax sale on five separate dates beginning in May and running through October.. The general perception among many people is that at these sales property is sold for back-taxes owed, which is not entirely accurate.
According to LPS, 9.02% of mortgages are delinquent (down from 9.29% in October), and another 4.08% are in the foreclosure process (up from 3.92% in October) for a total of 13.10%. It breaks down as:.
Subprime Bloodletting Continues at Fitch CFPB leader not backing down on lending discrimination cases "The report repeats previous allegations that the CFPB use of disparate impact analysis to discover auto lending discrimination was improper. The disparate impact standard was upheld by the Supreme Court in 2015 and is an important tool to identify patterns of discrimination.Subprime ANL were at 7.80% in September, a 19% jump over August, while being 38% higher than a year earlier, according to Fitch. The rating agency continues to closely monitor prime and subprime auto ABS performance on an ongoing basis. Its auto ABS indexes track roughly billion worth of prime and subprime auto-loan ABS.