JACKSONVILLE, Fla.,
July 25, 2013 /PRNewswire/
-- Lender Processing Services, Inc. (NYSE: LPS), a leading
provider of integrated technology, data and analytics to the
mortgage and real estate industries, reports the following "first
look" at June 2013 month-end mortgage
performance statistics derived from its loan-level database
representing approximately 70 percent of the overall market.
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Total U.S. loan
delinquency rate (loans 30 or more days past due, but not in
foreclosure):
|
6.68%
|
Month-over-month
change in delinquency rate:
|
9.91%
|
Year-over-year change
in delinquency rate:
|
-6.50%
|
Total U.S.
foreclosure pre-sale inventory rate:
|
2.93%
|
Month-over-month
change in foreclosure presale inventory rate:
|
-3.92%
|
Year-over-year change
in foreclosure presale inventory rate:
|
-28.40%
|
Number of properties
that are 30 or more days past due, but not in foreclosure:
(A)
|
3,328,000
|
Number of properties
that are 90 or more days delinquent, but not in
foreclosure:
|
1,345,000
|
Number of properties
in foreclosure pre-sale inventory: (B)
|
1,458,000
|
Number of properties
that are 30 or more days delinquent or in foreclosure:
(A+B)
|
4,785,000
|
States with highest
percentage of non-current* loans:
|
FL, MS, NJ, NY,
ME
|
States with the
lowest percentage of non-current* loans:
|
WY, MT, 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 Aug. 5, 2013.
For more information about gaining access to LPS' loan-level
database, please send an e-mail to LPSAAsales@lpsvcs.com.
About Lender Processing Services
Lender Processing Services (NYSE: LPS) 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. The company also provides proprietary data
and analytics for the mortgage, real estate and capital markets
industries. LPS is a Fortune 1000 company headquartered in
Jacksonville, Fla., and employs
approximately 7,500 professionals. For more information, please
visit www.lpsvcs.com.
SOURCE Lender Processing Services, Inc.