The May Mortgage Monitor report released by Lender Processing Services Inc. (LPS), a provider of mortgage performance data and analytics, shows a 2.3 percent month-over-month increase in the nation's home loan delinquency rate to 9.2 percent in May 2010, and that early-stage delinquencies are increasing as normal seasonal improvements taper off. This report includes data as of May 31, 2010.Read more

Equifax Inc. has introduced a new data solution that statistically matches more than 90 percent of an investor's mortgage loan data to anonymous borrower credit information. Equifax ABS Credit Risk Insight Direct was developed with First American CoreLogic, a member of The First American Corporation family of companies. With this latest Equifax solution, investors can gain access to the most up-to-date borrower credit scores and credit data for non-agency mortgage-backed securities (MBS), as well as First American CoreLogic's LoanPerformance loan-level securities data.Read more

The Federal Trade Commission (FTC) moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge upfront for these services. Instead, companies could only collect payment after providing services.Read more