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Slight Increase Seen in Nationwide November Delinquencies
Lender Processing Services Inc. (LPS) has reported the following "first look" at November 2012 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market.
►Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 7.12 percent
►Month-over-month change in delinquency rate: 1.19 percent
►Year-over-year change in delinquency rate: -9.06 percent
►Total U.S. foreclosure pre-sale inventory rate: 3.51 percent
►Month-over-month change in foreclosure presale inventory rate: -2.84 percent
►Year-over-year change in foreclosure presale inventory rate: -16.42 percent
►Number of properties that are 30 or more days past due, but not in foreclosure: 3,583,000
►Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,584,000
►Number of properties in foreclosure pre-sale inventory: 1,767,000
►Number of properties that are 30 or more days delinquent or in foreclosure: 5,350,000
►States with highest percentage of non-current loans: FL, NJ, MS, NV, NY
►States with the lowest percentage of non-current loans: MT, WY, SD, AK, ND
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