Skip to main content

Delinquencies Stabilize From November to December

NationalMortgageProfessional.com
Jan 19, 2012

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 December 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: 0.0 percent ►Year-over-year change in delinquency rate: -7.7  percent  ►Total U.S. foreclosure pre-sale inventory rate: 4.11  percent  ►Month-over-month change in foreclosure presale inventory rate: -1.3  percent  ►Year-over-year change in foreclosure presale inventory rate: -1.0  percent  ►Number of properties that are 30 or more days past due, but not in foreclosure: 4,101,000 ►Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,792,000 ►Number of properties in foreclosure pre-sale inventory: 2,066,000 ►Number of properties that are 30 or more days delinquent or in foreclosure: 6,167,000 ►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, Wyoming, South Dakota, Alaska and North Dakota
Published
Jan 19, 2012
Williston Financial Group, Doma Strike Deal

WFG is set to acquire Doma’s title operations, including operation centers in the Northern and Central California.

May 24, 2023
Mat Ishbia Takes A Charge At NBA Playoff Game

UWM CEO and majority owner of the Phoenix Suns involved in scuffle with Denver center Nikola Jokic

May 08, 2023
The Pitfalls Of Cash-Out Refinancing In A Rising Interest Rate Environment

Second-lien home equity loans are a far better way to take out cash

May 02, 2023
NEW YORK: How To Conquer - Not Fear - The Empire State

Roadblocks are many but payoff is worth it

May 01, 2023
RCN Capital Opens LA Office

Expansion marks lender's continued success.

Apr 26, 2023
Trigger Lead Legislation Renews Debate Over Consumer Choice

Borrowers can protect themselves from unsolicited lenders, but they could be doing themselves a disfavor

Apr 20, 2023