LPS Previews November Mortgage Performance Data

by devteam December 21st, 2012 | Share

Lender Processing Services has releasedrnpreliminary data from its monthly report on mortgage performancernstatistics.  Data for November wasrnderived from LPS’s loan-level database representing approximately 70 percent ofrnthe overall market.</p

The U.S loan delinquency rate rose 1.19rnpercent from October to 7.12 percent or 3.58 million loans that were 30 or morerndays past due but not yet in foreclosure .   The November rate is down 9.06 percent from thatrnof a year earlier.  </p

The pre-sale foreclosure inventory -rnloans that have entered the foreclosure process – was 3.51 percent, a 2.84rnpercent decrease from October and 16.42 percent below the rate in Novemberrn2011.  There were 1,767,000 homes in somernstage of foreclosure at the end of November.</p

Florida, New Jersey, and Mississippi hadrnthe highest level of delinquencies and foreclosures as a percent of allrnmortgage loans in those states.  </p

LPS will provide in-depth details of itsrndata in its monthly Mortgage Monitor report which will be published in earlyrnJanuary.

All Content Copyright © 2003 – 2009 Brown House Media, Inc. All Rights Reserved.nReproduction in any form without permission of is prohibited.

About the Author


Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

See all blogs


Leave a Comment

Leave a Reply

Latest Articles

Real Estate Investors Skip Paying Loans While Raising Billions

By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...

Late-Stage Delinquencies are Surging

Aug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...

Published by the Federal Reserve Bank of San Francisco

It was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...