JACKSONVILLE, Fla.,
Aug. 26, 2013 /PRNewswire/
-- Lender Processing Services, Inc. (NYSE: LPS), a leading
provider of integrated technology, services, data and analytics to
the mortgage and real estate industries, reports the following
"first look" at July 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):
|
6.41%
|
Month-over-month
change in delinquency rate:
|
-3.96%
|
Year-over-year change
in delinquency rate:
|
-8.76%
|
Total U.S.
foreclosure pre-sale inventory rate:
|
2.82%
|
Month-over-month
change in foreclosure presale inventory rate:
|
-3.46%
|
Year-over-year change
in foreclosure presale inventory rate:
|
-30.76%
|
Number of properties
that are 30 or more days past due, but not in foreclosure:
(A)
|
3,193,000
|
Number of properties
that are 90 or more days delinquent, but not in
foreclosure:
|
1,347,000
|
Number of properties
in foreclosure pre-sale inventory: (B)
|
1,406,000
|
Number of properties
that are 30 or more days delinquent or in foreclosure:
(A+B)
|
4,599,000
|
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 Sep. 3, 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.