National foreclosure inventory drops: LPS

National foreclosure inventory drops: LPS

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The national rate of loans that were 30. Reflective of the drop in delinquency rates, no state experienced a year-over-year increase in its foreclosure inventory rate so far in 2019." CoreLogic.

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Some Highlights: According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007. April marked the 54th consecutive month of year-over-year declines in foreclosure inventory. Only 3% of homes in the United States are in serious delinquency.

Lender Processing Services, Inc. (LPS) offered an early look at mortgage performance in January 2013 and reported a downward trend for mortgage delinquencies and foreclosures. At the end of.

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LPS – foreclosures down. This national performance masks underlying differences between judicial states, where foreclosure inventory levels stand at 6.5%, and non-judicial states, where foreclosure inventory levels are more than 2.5 times lower at 2.45%.

CoreLogic has reported that the current residential shadow inventory as of April 2012 fell to 1.5 million units, representing a supply of four months. This was a 14.8 percent drop from April..

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The May Mortgage Monitor report released by Lender processing services (nyse: lps) shows that the nation’s foreclosure inventory remains near all-time highs, with 4.12 percent of all active.

Residential Loans in ForeclosureResidential Loans in Foreclosure Loan Data from LPS According to RealtyTrac, Florida accounted for the biggest share of foreclosure inventory of any state at the end of the 2012 calendar year with 305,766 properties in some stage of foreclosure or bank owned (20 percent of the national total).

CoreLogic reported the national foreclosure inventory at 325,000, or 0.8 percent, of all homes with a mortgage in November, compared to 465,000 homes, or 1.2 percent, a year ago. Since the financial crisis began in September 2008, 6.5 million completed foreclosures have taken place nationally; since homeownership rates peaked in second quarter.

The number of delinquent mortgages continued declining into February based on comparisons for both the prior month and year, according to data from ""Lender Processing Services"":http://www.lpsvcs.com.

According to Lender Processing Services (NYSE:LPS) November Mortgage Monitor Report, the volume of loans moving to REO continued to drop as the moratorium further delayed foreclosure sales. While the 90+ delinquency category has steadily declined, the number of loans moving to seriously delinquent.

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