NEW YORK ( TheStreet) — The national mortgage delinquency. Services (LPS). The percentage of borrowers who are 30 days or more past due on their mortgage loans but not in foreclosure rose to 6.7%..
Why read the Lender Processing Services October Mortgage Monitor? (Part 1 of 3) The Lender Processing Services (or LPS. delinquencies are falling as home prices rise and the foreclosure pipeline.
The national delinquency rate of loans one or more payments past due but not yet referred to a foreclosure attorney also rose. It hit 8.15 percent of all outstanding mortgages in June, a 2.4 percent increase over May. LPS says the inflow of new problem loans is.
2013 /PRNewswire via COMTEX/ — The May Mortgage Monitor report released by lender processing services lps, +0.00% found that the national delinquency rate continued to fall in May, marking the.
Hurricane season responsible for 10% of delinquent mortgages.. While mortgage payment delinquencies are generally down across the country, they were explainably up in states hit by Hurricanes.
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The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in. Mortgage delinquencies at all commercial banks in the US inched down to 3.14% in the. it went over.
New normal means a lot more pain to come: Fed economist S&P/Case-Shiller shows new low for home prices in 1Q Source: Standard & Poor’s & FiServ Home Prices Edge Closer to 2009 Lows According to the S&P/Case-Shiller Home Price Indices New York, April 26, 2011 – Data through February 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show prices for the 10-