LPS: Mortgage delinquencies down 10%

According to the survey data, the inventory of 60 day plus delinquencies is 2.7 million for the first six months of 2011, down from 3.7 million for the first half of 2010, representing a decline of 27%.

It handles mortgage processing and default management outsourcing. As a result, it comes across a wealth of top-down mortgage information. In October, 90-day mortgage delinquencies stood around 4.8.

The nation’s foreclosure inventory remains near an all-time high, with 4.12% of all active mortgages in the foreclosure pipeline, in addition to the 3.2% that are 90 days or more delinquent. down 7.

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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. Accounting for foreclosures in the pipeline, the total non-current rate stands at 13.3%..

in contrast to the MBA survey, which showed delinquencies down to 6.96%, the June Mortgage Monitor (pdf) from lender processing services (lps) showed that new mortgage delinquencies spiked up 18.3.

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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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.

Housing Wire – "LPS: US loan delinquency rate edges up 2.63%" (12-23-13) "The U.S. loan delinquency rate edged up a bit in November, but has been on the decline for most of the year, with delinquencies down more than 10% year-to-date, Lender Processing Services (LPS) said."

Third-party sales and foreclosure sales also continued to fall, dropping 10% in the second. hitting 107,552 starts, down 46.5% from a year earlier. Of the mortgage pool studied by LPS, 5.22% loans.

While FHA origination activity is down, GSE and FHA originations still account for the vast majority of all new loans – nearly nine out of every 10 new mortgages. As reported in LPS’ First Look release, other key results from LPS’ latest Mortgage Monitor report include:

with a fixed-rate mortgage. They make a 10% down payment and are required to use MI to . finance a $180,000 mortgage. Typically on a 90% LTV, fixed-rate mortgage, investors require 25% MI . coverage. This means that, in the event of a claim, MGIC is responsible for paying 25% of the outstanding balance, leaving the lender at risk