JACKSONVILLE, Fla., Jan. 23, 2013 /PRNewswire via COMTEX/ -- Lender
Processing Services, Inc. /quotes/zigman/516176/quotes/nls/lps LPS
+1.51% , a
leading provider of integrated technology, data and analytics to the mortgage
and real estate industries, reports the following "first look" at December 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): 7.17%
Month-over-month change in delinquency rate: 0.74%
Year-over-year change in delinquency rate: -9.11%
Total U.S. foreclosure pre-sale inventory rate: 3.44%
Month-over-month change in foreclosure pre-sale inventory rate: -1.99%
Year-over-year change in foreclosure pre-sale inventory rate: -18.05%
Number of properties that are 30 or more days past due, but not in foreclosure: (A) 3,576,000
Number of properties that are 90 or more days delinquent, but not in foreclosure: 1,545,000
Number of properties in foreclosure pre-sale inventory: (B) 1,716,000
Number of properties that are 30 or more days delinquent or in foreclosure: (A+B) 5,292,000
States with highest percentage of non-current* loans: FL, MS, NJ, NV, NY
States with the lowest percentage of non-current* loans: MT, WY, AK, SD, ND
*Non-current totals combine foreclosures and delinquencies as a percent of
active loans in that state.
Notes: (1) Totals are extrapolated based on LPS Applied Analytics' loan-level
database of mortgage assets. (2) All whole numbers are rounded to the nearest
thousand.
The company will provide a more in-depth review of this data in its monthly
Mortgage Monitor report, which includes an analysis of data supplemented by
in-depth charts and graphs that reflect trend and point-in-time observations.
The Mortgage Monitor report will be available on LPS' website,
http://www.lpsvcs.com/LPSCorporateInformation/CommunicationCenter/DataReports/Pages/Mortgage-Monitor.aspx
by Jan. 31, 2013.
For more information about gaining access to LPS' loan-level database, please
send an e-mail to LPSAAsales@lpsvcs.com.
About Lender Processing ServicesLPS /quotes/zigman/516176/quotes/nls/lps LPS
+1.51%
delivers comprehensive technology solutions and services, as
well as powerful data and analytics, to the nation's top mortgage lenders,
servicers and investors. As a proven and trusted partner with deep client
relationships, LPS offers the only end-to-end suite of solutions that provides
major U.S. banks and many federal government agencies the technology and data
needed to support mortgage lending and servicing operations, meet unique
regulatory and compliance requirements and mitigate risk.
These integrated solutions support origination, servicing, portfolio
retention and default servicing. LPS' servicing solutions include MSP, the
industry's leading loan-servicing platform, which is used to service
approximately 50 percent of all U.S. mortgages by dollar volume. The company
also provides proprietary data and analytics for the mortgage, real estate and
capital markets industries. Lender Processing Services is a Fortune 1000 company
headquartered in Jacksonville, Fla., employing approximately 8,000
professionals. For more information, please visit www.lpsvcs.com .
SOURCE Lender Processing Services, Inc.
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