The total U.S. delinquency. rate rose 2.4% in June to 8.15%, Lender Processing Services Inc. (LPS) reports in its first look report, which covers mortgage performance statistics through the end.
MarketWatch reported on May 19 that “Existing-home sales drop unexpectedly. from one year ago” — yet double the rate in 2005. Lender Processing Services (NYSE:LPS) puts the current situation in.
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LPS’ May Mortgage Monitor: Largest Year-to-Date Drop in Delinquencies in 11 Years; U.S. Negative Equity Share Falls Below 15 Percent. +2.56% found that the national delinquency rate continued.
The March Mortgage Monitor report released by Lender Processing Services Inc. (LPS) shows that while March foreclosure starts increased a modest 8.1 percent since last month, overall, they were still.
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That’s down from a rate of 9.02 percent reported by the company just one month earlier. In January 2010, the overall delinquency rate stood at 10.97 percent.
The Mortgage Delinquency Rate, the pre-cursor to, and leading indicator of, foreclosures, which play havoc with home prices, is expected to decline to 3.12 percent by the end of this month and continue to decline next year hitting 2.51 percent by the end of 2015, according to a forecast just released by TransUnion.
Although mortgage delinquencies at the end of November 2011 were nearly 25% less than the January 2010 peak, the trend toward fewer loans becoming delinquent appears to have halted, according to the November Mortgage Monitor report released by Jacksonville, Fla.-based Lender Processing Services Inc. (LPS).
It’s the first month-over-month drop in many moons; three years’ worth of moons, in fact. On the other hand, a year ago in March, the serious delinquency rate. a mortgage-foreclosure trend piece.
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Out of the 40 million loans evaluated by LPS last month, 8.8% qualified as delinquent (30 days or more overdue). That delinquency rate is down 1.2% from January and 18.4% from February 2010.
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While the national delinquency. Pages/Mortgage-Monitor.aspx from ""Lender Processing Services"":http://www.lpsvcs.com (LPS). The delinquency rate for December stood at 7.17 percent, up 0.7 percent.
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