Mortgage delinquencies decline; foreclosure starts accelerate

Dennis Norman

A report published by Lender Processing Services (LPS) analyzing homeowner’s performance on their mortgages as of August 2010 shows that mortgage delinquencies continue to decline however are still at very high levels versus historical norms. At the same time however, foreclosure starts continue to accelerate. Continue reading “Mortgage delinquencies decline; foreclosure starts accelerate

Foreclosures in July are 4th highest on record; delinquencies continue to decline

Dennis Norman

A report published by Lender Processing Services (LPS) analyzing homeowner’s performance on their mortgages as of July 2010 shows that mortgage delinquencies continue to decline however are still at very high levels versus historical norms. At the same time however, foreclosure starts have increased to the fourth highest level on record. Continue reading “Foreclosures in July are 4th highest on record; delinquencies continue to decline