JACKSONVILLE, Fla.,
Dec. 23, 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 November 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):
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6.45%
|
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Month-over-month
change in delinquency rate
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2.63%
|
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Year-over-year change
in delinquency rate:
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-9.41%
|
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Total U.S.
foreclosure pre-sale inventory rate:
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2.50%
|
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Month-over-month
change in foreclosure presale inventory rate:
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-1.72%
|
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Year-over-year change
in foreclosure presale inventory rate:
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-28.81%
|
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Number of properties
that are 30 or more days past due, but not in foreclosure:
(A)
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3,241,000
|
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Number of properties
that are 90 or more days delinquent, but not in
foreclosure:
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1,283,000
|
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Number of properties
in foreclosure pre-sale inventory: (B)
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1,256,000
|
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Number of properties
that are 30 or more days delinquent or in foreclosure:
(A+B)
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4,497,000
|
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States with highest
percentage of non-current* loans:
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MS, NJ, FL, NY,
LA
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States with the
lowest percentage of non-current* loans:
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CO, MT, AK, SD,
ND
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*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. 13, 2014.
For more information about gaining access to LPS' loan-level
database, please send an e-mail to LPSAAsales@lpsvcs.com.
About Lender Processing Services
LPS (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, 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. For more information, please visit www.lpsvcs.com.
SOURCE Lender Processing Services, Inc.