Delinquencies on the Rise in Latest LPS Report

Lender Processing Services Inc. (LPS), a provider of integrated technology, data and analytics to the mortgage and real estate industries, has reported the following "first look" at November 2011 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. ►Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 8.15 percent ►Month-over-month change in delinquency rate: 2.7 percent ►Year-over-year change in delinquency rate: -9.6 percent ►Total U.S foreclosure pre-sale inventory rate: 4.16 percent ►Month-over-month change in foreclosure presale inventory rate: -3.0 percent ►Year-over-year change in foreclosure presale inventory rate: 2.0 percent ►Number of properties that are 30 or more days past due, but not in foreclosure: 4,144,000 ►Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,809,000 ►Number of properties in foreclosure pre-sale inventory: 2,116,000 ►Number of properties that are 30 or more days delinquent or in foreclosure: 6,260,000 ►States with highest percentage of non-current loans: Florida, Mississippi, Nevada, New Jersey and Illinois ►States with the lowest percentage of non-current loans: Montana, South Dakota, Wyoming, Alaska and North Dakota