Mortgage Delinquencies Pass 10%: LPS

How to Evaluate Mortgage Delinquencies On Your Credit Reports (Part 1) 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 normal.

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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.

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Why it’s worth following the November Mortgage Monitor (Part 1 of 4) The Lender Processing Services (or LPS. delinquencies are falling in general as home prices rise and the foreclosure pipeline.

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.

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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Story summary: Mortgage defaults and delinquencies were both down in January 2012, compared to the previous month. The year-over-year delinquency rate dropped by more than 10%. Foreclosure starts were up last month, but this is to be expected as the banks begin to process foreclosures more rapidly.

Data released by ""Lender Processing Services"":http://www.lpsvcs.com (LPS) Thursday indicates foreclosure and delinquency. LPS_Mortgage_Monitor_June_2011.pdf shows that foreclosures were initiated.

90-day delinquencies drop to 6.3%, good for non-agency REITs. Brent Nyitray, CFA, MBA.. (or LPS) Mortgage Monitor is a monthly report that provides delinquency and foreclosure data.

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.