Skip to main content

Foreclosure Starts Begin to Rise in January

Feb 22, 2012

Lender Processing Services Inc. (LPS) has reported the following "first look" at January 2012 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): 7.97 percent ►Month-over-month change in delinquency rate: -2.2 percent ►Year-over-year change in delinquency rate: -10.5 percent ►Total U.S foreclosure pre-sale inventory rate: 4.15 percent ►Month-over-month change in foreclosure presale inventory rate: 1.1 percent ►Year-over-year change in foreclosure presale inventory rate: -0.1 percent ►Number of properties that are 30 or more days past due, but not in foreclosure: 3,998,000 ►Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,772,000 ►Number of properties in foreclosure pre-sale inventory: 2,084,000 ►Number of properties that are 30 or more days delinquent or in foreclosure: 6,082,000 ►States with highest percentage of non-current loans (combined foreclosures and delinquencies as a percentage of active loans in that state): Florida, Mississippi, Nevada, New Jersey and Illinois ►States with the lowest percentage of non-current loans (combined foreclosures and delinquencies as a percentage of active loans in that state): Montana, Alaska, Wyoming, South Dakota and North Dakota
About the author
Published
Feb 22, 2012
Realty Fees On The Rebound

Real estate commissions are trending back up, post-NAR settlement.

Feb 13, 2025
Wire Fraud Losses Are Mounting

First-time homebuyers are especially at risk for wire fraud, report finds.

Feb 13, 2025
Rocket's All-American Return To The Super Bowl

The company spends millions to remind Americans of "the meaning of home."

Feb 10, 2025
Homebuilders Cheer Delay Of Trump Trade War

Canada and Mexico stave off tariffs on billions of dollars of materials crucial to the U.S. homebuilding industry

Feb 04, 2025
OCMBC President Arrested For DUI, Murder

Serene Vernon (Rosenberg) had three prior convictions, per a police report

Feb 02, 2025
Trump Fires CFPB Director Chopra

Chopra posts a letter to X with his final statements