Jul
06
2010
LPS’ May Mortgage Monitor Report: Increase in Rate of New Delinquencies; Decline in Number of Delinquent Loans …
Posted by: in Home Mortgage Online, tags: Decline, Delinquencies, Delinquency Rate, Delinquent Loans, Excerpt, Home Loan, Improvements, Loan Delinquency, Loan Rate, Mortgage Rate, Performance Data, Processing Services, RandomRandom Feed wrote an interesting post today on
Here’s a quick excerpt
The May Mortgage Monitor report released today by Lender Processing Services, Inc. , a leading provider of mortgage performance data and analytics, shows a 2.3 percent month-over-month increase in the nation’s home loan delinquency rate to 9.2 percent in May 2010, and that early-stage delinquencies are increasing as normal seasonal improvements taper off.
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