Carteret Title
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


LPS: Mortgage Delinquency Rate Down 8% from Last Year
press release
   

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 2013 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market.

 

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):​ 7.03%​
Month-over-month change in delinquency rate:​ -2.03%​
Year-over-year change in delinquency rate:​ -8.35%​
Total U.S. foreclosure pre-sale inventory rate:​ 3.41%​
Month-over-month change in foreclosure presale inventory rate:​ -0.82%​
Year-over-year change in foreclosure presale inventory rate:​ -19.39%​
Number of properties that are 30 or more days past due, but not in foreclosure: (A)​ 3,506,000​
Number of properties that are 90 or more days delinquent, but not in foreclosure:​ 1,531,000​
Number of properties in foreclosure pre-sale inventory: (B)​ 1,703,000​
Number of properties that are 30 or more days delinquent or in foreclosure: (A+B)​ 5,208,000​
States with highest percentage of non-current* loans:​ FL, MS, NJ, NV, NY ​
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.

 The company will provide a more in-depth review of this data in its monthly Mortgage Monitor report, which includes an analysis of data supplemented by in-depth charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available on LPS’ website by March 6, 2013.



to post a comment on this article: login - or - register



Doc Hunters
Directory

The Source of Title Business directory has 8130 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Standards and Practices of Foreclosure Investors
William Pattison 's Blog
2014/10/20
1 comments

Abstracting soundtrack
Teresa Wright's Blog
2014/10/20
3 comments

Camera on Foreclosures: The Dirty Little Cheaters
William Pattison 's Blog
2014/10/11
2 comments

Forums

Source of Title's Forums are the place for title industry discussions.
Recent posts in the forums:



NAILTA
Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2007, Source of Title.