LPS' August "First Look" Mortgage Report: Foreclosure Inventory Down 34 Percent Year-Over-Year, Lowest in 4 1/2 Years; Delinquency Rate Continues Decline PR Newswire JACKSONVILLE, Fla., Sept. 26, 2013 JACKSONVILLE, Fla., Sept. 26, 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 August 2013 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market. (Logo: http://photos.prnewswire.com/prnh/20120802/FL50731LOGO ) Total U.S. loan delinquency rate (loans 30 or more days 6.20% past due, but not in foreclosure): Month-over-month change in delinquency rate: -3.31% Year-over-year change in delinquency rate: -9.71% Total U.S. foreclosure pre-sale inventory rate: 2.66% Month-over-month change in foreclosure presale inventory -5.74% rate: Year-over-year change in foreclosure presale inventory -34.08% rate: Number of properties that are 30 or more days past due, but 3,124,000 not in foreclosure: (A) Number of properties that are 90 or more days delinquent, 1,288,000 but not in foreclosure: Number of properties in foreclosure pre-sale inventory: (B) 1,341,000 Number of properties that are 30 or more days delinquent or 4,465,000 in foreclosure: (A+B) States with highest percentage of non-current* loans: FL, MS, NJ, NY, ME States with the lowest percentage of non-current* loans: MT, CO, WY, 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 Oct. 7, 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 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. Website: http://www.lpsvcs.com Contact: Media contact - Michelle Kersch, (904) 854-5043, Michelle.firstname.lastname@example.org, or Investor contact - Nancy Murphy, (904) 854-8640, email@example.com
LPS' August "First Look" Mortgage Report: Foreclosure Inventory Down 34 Percent Year-Over-Year, Lowest in 4 1/2 Years;
Press spacebar to pause and continue. Press esc to stop.