Mortgage delinquency rate drops 18.4% annually: LPS

Lender Processing Services (LPS) Mortgage Monitor. As recently as May of this year prepayments were running near 6.5 percent. While the rate of repayments continues to drop, the decline slowed with.

 · Lender Processing Services (LPS) data reveal that both the foreclosure rate and mortgage delinquencies continued to decline through August.From a database of nearly 40 million loans nationwide that represents approximately 70% of the overall market, LPS said in its “first look” report that August’s foreclosure rate was 4.04%. This figure represents a 1% decline from the previous month.

California homes sales drop Those national declines look tame compared to what is going on in states like Colorado, Washington and california. real estate brokerage redfin, in a different report, estimates that sales in 50 of.DataQuick finds increase in sales of high-end homes in 2010 Mortgage applications drop after big jump mortgage application volume jumped 9.3 percent last week from the previous week, according to the Mortgage Bankers Association.. The volume may have been making up for a big drop two weeks ago.Original Post Date: May 27, 2010. By: Alejandro Lazo. Sales of new homes surged 14.8% in April from March, the Commerce Department reported Wednesday, as an expiring federal tax credit for buyers helped fuel activity. Without the popular incentive, many analysts are expecting sales to slump in.

As late-stage delinquencies in the pipeline still number close to two million, the sharp drop is. reported in LPS’ First Look release, other key results from LPS’ latest Mortgage Monitor report.

BY THE NUMBERS – Lender Processing Services, Inc., a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at February 2011 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans.

AEI labels Johnson-Crapo the ObamaCare of GSE reform’

"LPS observed a drop. the 10-Year Treasury rates, with interest rates consistent across all product types. As reported in LPS’ First Look release, other key results from LPS’ latest Mortgage.

Must-know: Lender Processing Services’ October Mortgage Monitor (Part 1 of 4) The Lender Processing Services (or LPS) Mortgage Monitor is a monthly report that provides delinquency. and Cure rates.

Mortgage delinquency rate drops 18.4% annually: LPS 2.5 million homes in foreclosure, shadow inventory rising: John Burns Congress, Wall Street will cause the next financial crisis The mortgage delinquency rate in April dropped below 6.5 percent for the first time since July 2008, as the foreclosure inventory fell by nearly 25 percent year over.

Dec. 27, 2010 /PRNewswire/ — The November Mortgage Monitor report released by Lender Processing Services, Inc. (NYSE: LPS) shows that the volume of loans moving to REO continued to drop as moratoria.

GSE reform captures political attention Congress may now finally address the housing finance system, but many of the recent proposals would preserve-even expand-the worst parts of the failed GSE system. Most proposals for housing finance.

U.S. loan delinquency. a year-over-year basis, down 7.7 percent from 2010, according to a new report from mortgage analytics firm lender processing services (lps). That rate is unchanged from.

 · The same trend of a declining delinquency rate and rising foreclosure rate was reported last month as well. Of the 6,373,000 mortgage going unpaid in the United States, LPS says approximately 2,172,000 are part of the foreclosure pre-sale inventory. The remaining 4,202,000 are 30-plus days delinquent but not yet in foreclosure.