Mar 6th 2012 4:30PM
Foreclosure activity jumped in January, according to a report released by a leading lender processing service. The spike seems to suggest that the foreclosure backlog is beginning to clear. If so, that's a trend likely to continue, many experts say, in the wake of a recent settlement that has clarified acceptable... Continue Reading »
Feb 22nd 2012 1:22PM
The mortgage delinquency rate fell last month in the U.S., along with the total number of delinquent mortgages, says a report by a leading lender processor. The study by Lender Processing Services found that 6,082,000 mortgages in the U.S. were late by at least 30 days or were in a state of foreclosure, compared to... Continue Reading »
Jul 8th 2010 12:54PM
More than 7.3 million home loans are in some state of delinquency or foreclosure, and there's no end in sight. That's because the number of homeowners who are 90 days or more delinquent jumped 9.2 percent in May 2010 over May 2009, according to the Mortgage Monitor Report from Lender Processing Services (LPS). When you... Continue Reading »
