Total U.S. Loan Delinquency Rate at 7.20 Percent Nationwide

Lender Processing Services Inc. (LPS) has reports the following "first look" at May 2012 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans. LPS has found that total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) stood at 7.20 percent, with a month-over-month change in delinquency rate of 1.1 percent.  Other highlights of the LPS data includes: ►Year-over-year change in delinquency rate: -9.6 percent ►Total U.S. foreclosure pre-sale inventory rate: 4.12 percent ►Month-over-month change in foreclosure presale inventory rate: -0.5 percent ►Year-over-year change in foreclosure presale inventory rate: 0.2 percent ►Number of properties that are 30 or more days past due, but not in foreclosure: 3,542,000 ►Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,575,000 ►Number of properties in foreclosure pre-sale inventory: 2,027,000 ►Number of properties that are 30 or more days delinquent or in foreclosure: 5,569,000 ►States with highest percentage of non-current loans: Florida, Mississippi, New Jersey, Nevada and Illinois ►States with lowest percentage of non-current loans: Montana, Alaska, South Dakota, Wyoming and North Dakota