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By Dennis Norman, on December 19th, 2011
The U.S. mortgage loan delinquency rate was 8.15 percent of all home loans in November, up 2.7 percent from the month before and down 9.6 percent from a year ago, according to the “First-Look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data. The
Continue reading… Mortgage delinquencies increase in November; Foreclosures decline from month before
By Dennis Norman, on November 18th, 2011
The U.S. mortgage loan delinquency rate was 7.93 percent of all home loans in October, down 2.0 percent from the month before and down a whopping 14.6 percent from a year ago, according to the “First-Look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data.
Continue reading… Mortgage delinquencies decline in October; Foreclosures on the rise
By Dennis Norman, on October 22nd, 2011
The “first-look” report from Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows mortgage delinquencies decreased 0.5 percent in September from the month before and decreased 12.7 percent from the year before. On the other hand, and perhaps part of the reason for the decline in the
Continue reading… Mortgage deqlinquencies decline in September; Foreclosures on the rise
By Dennis Norman, on September 21st, 2011
I keep saying that, until the foreclosure rate gets back down closer to a “normal” rate and the REO inventory is absorbed to the point where they are no longer putting such immense downward pressure on home prices, we are not going to see any sort of sustainable recovery in the housing market. It all
Continue reading… Mortgage delinquencies decline in August; down almost 12 percent from year ago
By Dennis Norman, on July 25th, 2011
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows mortgage delinquencies increased 2.4 percent in June from the month before and decreased 14.7 percent from the year before. According to the report, the U.S. foreclosure pre-sale inventory rate declined 0.2 percent from
Continue reading… Mortgage delinquencies and foreclosure inventory increase in June
By Dennis Norman, on June 30th, 2011
A report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows that while mortgage delinquencies continue to decline, lenders are taking longer to foreclose resulting in a drop in foreclosure sales. In fact, there are still significantly fewer foreclosure sales than there were before
Continue reading… Report shows declining foreclosure rate; lenders showing delay in foreclosing
By Dennis Norman, on June 22nd, 2011
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows mortgage delinquencies decreased 0.1 percent in May from the month before and down over 18 percent from the year before. Other good news in the report is the U.S. foreclosure pre-sale inventory rate
Continue reading… Mortgage Delinquencies and Foreclosure Inventory Decrease In May
By Dennis Norman, on May 25th, 2011
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows mortgage delinquencies increased 2.4 percent in April, changing the downward trend we have seen in the prior few months. The good news in this report is that the U.S. foreclosure pre-sale inventory rate
Continue reading… Mortgage Delinquencies Increase in April
By Dennis Norman, on May 3rd, 2011
A report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows that while mortgage delinquencies continue to decline, an enormous backlog of foreclosures still exists and is expected to continue for some time. As of the end of March, foreclosure inventory levels stand at
Continue reading… Report shows foreclosure inventories on the rise; 8 times higher than normal levels
By Dennis Norman, on April 22nd, 2011
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, is somewhat encouraging as it shows the U.S. mortgage delinquency rate (not including foreclosures) for March 2011 was 7.78 percent which is a decrease of 11.6 percent from the month before and a decrease
Continue reading… Mortgage Delinquencies Decline in March; Foreclosures on the rise
By Dennis Norman, on March 29th, 2011
A report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows that while mortgage delinquencies continue to decline, an enormous backlog of foreclosures still exists and is expected to continue for some time. As of the end of February, foreclosure inventory levels stand at more
Continue reading… Report shows enormous backlog of foreclosures
By Dennis Norman, on March 3rd, 2011
A report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows that the rate of serious mortgage delinquency (90+ days) in January was 8.90 percent, a slight increase from 8.83 percent in December and a 18.8 percent decrease from a year ago.
By Dennis Norman, on January 21st, 2011
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, is somewhat encouraging as it shows the U.S. mortgage delinquency rate (not including foreclosures) for December was 8.83 percent which is a decrease of 2.1 percent from November’s rate of 9.02 percent.
By Dennis Norman, on December 20th, 2010
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, is somewhat encouraging as it shows the U.S. mortgage delinquency rate (not including foreclosures) for October was 9.02 percent which is a decrease of almost 3 percent from October’s rate of 9.29 percent.
By Dennis Norman, on November 17th, 2010
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, is somewhat encouraging as it shows the U.S. mortgage delinquency rate (not including foreclosures) for October was 9.29 percent and, while that is a terribly high rate, it is just barely higher than Septembers’
Continue reading… Initial report shows mortgage delinquencies leveled off in October; foreclosure inventory increased
By Dennis Norman, on October 16th, 2010
Dennis Norman
A “first-look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data, shows that things are not getting better on the “home-front”….The U.S. mortgage delinquency rate (not including foreclosures) for September was 9.27 percent, a 0.6 percent increase from the month before, however it
Continue reading… Initial report shows increased mortgage delinquencies and foreclosure inventory in September
By Dennis Norman, on July 6th, 2010
Dennis Norman
Homeowners’ mortgage delinquency rates increased in May 2.3 percent from April rising to 9.2 percent of all mortgages being delinquent. This information comes from a report issued by LPS Applied Analytics, one of the largest mortgage servicers in the U.S.
According to the report there are, as of May 31, 2010, 7.3 million home
Continue reading… Mortgage Delinquencies Increase In May; 1 in 8 Borrowers At Risk of Losing Home
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