Mortgage Delinquencies Pass 10%: LPS

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Mortgage applications have been. the 30 year fixed-rate product), low all-in delinquencies of 7.12 percent (1.25 percent in foreclosure), national portfolio with lead states of Texas (13%),

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 · Press Release LPS’ November "First Look" Mortgage Report: Delinquencies Increase, Still Down 10% YTD; New Jersey Overtakes Florida in Non-Current Loans

LPS’ latest market assessment shows that as of the end of June, 4.1 million loans were either 90-plus days delinquent or in foreclosure. That’s nearly 13 percent more than in June 2010.

Mortgage delinquencies and foreclosures continue to plummet across the nation, with the U.S. loan delinquency rate hitting 6.20% in August, down 10% from last year and 3.31% from a month earlier.

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After five consecutive months of steady decline, the delinquency rate for U.S. home mortgages spiked nearly 10% in June, month over month, according to Lender Processing Services’ (LPS) ‘First Look’ Mortgage Report. The total U.S. loan delinquency rate (loans 30 or more days past due but not in.

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Press Release LPS’ November "First Look" Mortgage Report: Delinquencies Increase, Still Down 10% YTD; New Jersey Overtakes Florida in Non-Current Loans

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%..

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LPS’ November First Look Mortgage Report: Delinquencies increase, still down 10% YTD; New Jersey overtakes Florida in non-current loans.

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LPS: Mortgage Delinquency Rate increased in November, Down almost 10% year-over-year by Calculated Risk on 12/23/2013 07:01:00 AM According to the First Look report for November to be released today by Lender Processing Services (LPS), the percent of loans delinquent increased in November compared to October, and declined about 9.4% year-over-year.

Credit Suisse settles Assured Guaranty mortgage lawsuit The lawsuit is similar to those filed by other bond guarantors including MBIA Inc and Assured Guaranty Ltd against such banks as JPMorgan Chase and Co and Bank of America Corp. Credit Suisse recently has become a target of government probes over mortgage-backed securities.