Posted To: MND NewsWireThe December Mortgage Monitor report released by Lender Processing Services and covering performance data for the full 2012 calendar year , found that while mortgage delinquency rates remained at elevated levels, they have shown steady improvement, ending the year 32 percent lower than the January 2010 peak. Additionally, following a year of regional improvement in foreclosure inventories (marked by stark contrasts between judicial and non-judicial foreclosure states), the national foreclosure inventory rate began to decline toward the end of 2012 from historic highs experienced during the crisis. In addition to presenting statistics on December delinquency rates and foreclosures, much of which was previewed earlier this month, The Lender Processing Services (LPS) Mortgage Monitor looked at...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
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