Mortgage delinquency rate drops 18.4% annually: LPS

Lender Processing Services Inc. (LPS) has reported the following "first look" at October 2012 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 percent Month-over-month change in delinquency rate: -4.91 percent.

That follows a drop of 1.08 percent in August 2010 from a year earlier. Processing Services (LPS). The company provided a sneak peek at its October month-end mortgage performance data this week..

The average contract interest rate for 30-year FRMs backed by the FHA was up two basis points to 4.04%, with points decreasing to 0.33 from 0.41 (including. A little bit of sanity, please Finally, in this irrational, unbelievable market, a little bit of sanity came our way.

Lender Processing Services Inc. (LPS) has reported the following "first look" at October 2012 month-end mortgage. rate (loans 30 or more days past due, but not in foreclosure): 7.03 percent.

Modifications made in 2010 and later continue to perform at rates much better than those done even one year earlier. The U.S. loan delinquency rate fell by 3.16 percent from January to February to.

Though recent volatility in mortgage loan interest rates are not yet reflected in the data, the Mortgage Monitor did show that 2013 origination activity remained strong through April, with that.

2012 PR Releases . investors reject obama mortgage bailout Proposal townhall.com | Dec 28, 2012 A long-rumored plan for the Obama Administration to facilitate federal purchases of underwater mortgages has begun taking shape, and a familiar story has emerged: investors and markets aren’t fans of the idea.

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Pending home sales dropped to 107.7 in August from a downwardly revised 109.4 in July. The U.S. mortgage delinquency rate decreased to 6.2 percent from 6.41 percent in July. And for the week.

Have the good times of double-digit year. serious delinquency rates for the 15 worst major metros. You need to understand that these statistics do not include first liens which are delinquent.

The performance of FHA loans dominates the april mortgage monitor report released Thursday by Lender Processing Services (LPS). While GSE and private loans saw significant drops in foreclosure. At.

The foreclosure inventory in judicial states remains three times that of non-judicial states and pipeline ratios – the rate at which states are currently working through their existing backlog of.

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