Lender Processing Services, Inc., a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following “first look” at January 2012 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans.
| Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): |
7.97% |
| Month-over-month change in delinquency rate: |
-2.2% |
| Year-over-year change in delinquency rate: |
-10.5% |
| Total U.S foreclosure pre-sale inventory rate: |
4.15% |
| Month-over-month change in foreclosure presale inventory rate: |
1.1% |
| Year-over-year change in foreclosure presale inventory rate: |
-0.1% |
| Number of properties that are 30 or more days past due, but not in foreclosure: (A) |
3,998,000 |
| Number of properties that are 90 or more days delinquent, but not in foreclosure: |
1,772,000 |
| Number of properties in foreclosure pre-sale inventory: (B) |
2,084,000 |
| Number of properties that are 30 or more days delinquent or in foreclosure: (A+B) |
6,082,000 |
| States with highest percentage of non-current* loans: |
FL, MS, NV, NJ, IL |
| States with the lowest percentage of non-current* loans: |
MT, AK, WY, SD, ND |
*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.
Notes:
(1) Totals are extrapolated based on LPS Applied Analytics’ loan-level database of mortgage assets
(2) All whole numbers are rounded to the nearest thousand