From October to November, the U.S. delinquency rate edged up 1.19%, while still falling 9.06% from a year earlier.
More than 7.4 million home loans nationwide are in some stage of delinquency or foreclosure, with another 1 million properties either bank-owned or sold out of foreclosure. An incredible 10% of all U.S. loans are delinquent.
Lender Processing Services Inc. (LPS), a provider of integrated technology. mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. Total U.S. loan.
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Lender Processing Services Inc. (LPS) has reported 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) stood at 7.03 percent for January.
LPS released their Mortgage Monitor report for November today. According to LPS, 7.12% of mortgages were delinquent in November, up from 7.03% in October, and down from 7.83% in November 2011. According to LPS, 7.12% of mortgages were delinquent in November, up from 7.03% in October, and down from 7.83% in November 2011.
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According to data released by Lender Processing Services (LPS) Tuesday, delinquency rates are down across all first-lien home loan products, with an 18 percent overall decline since the start of 2010.
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LPS has found that total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) stood at 7.20 percent, with a month-over-month change in delinquency rate of 1.1 percent. Other highlights of the LPS data includes: Year-over-year change in delinquency rate:-9.6 percent