Number of Americans in foreclosure plummets: LPS

Housing market starts 2015 on several weak notes Note that permits fell sharply, suggesting another significant decline in housing starts next month. This is way below expectations (I took the under!), and is good news for the housing market longer term (there are too many housing units already), but bad news for the economy and employment short term.

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Bank of America is the third major lender in the past two. moratoriums stems directly from their attempt to deal with an unprecedented number of foreclosures. According to LPS Applied Analytics, a.

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LPS’ October Mortgage Monitor: Foreclosure Starts Down; Decline Likely Temporary as Industry Adapts to New National Mortgage Settlement Requirements.. foreclosure inventory. However, as LPS.

And, tangentially, confirming that this country’s economy is headed straight to hell and won’t pass go is the latest news from LPS according to which nearly 40% of loans in foreclosure have not made a payment in two years, and 72% have not made a payment in the past 12 month. Bullish for iPad purchases.

The number of Americans in the foreclosure process has fallen by nearly 25 percent in the past year. (Ross D. Franklin/AP) As home prices rise and sales pick up, the housing crisis is increasingly.

LPS' – marketwatch.com – Press Release LPS’ "First Look" Mortgage Report: May Month-End Data Shows Foreclosure Inventory Declines for 13th Consecutive Month; Delinquency, Foreclosure Rates at New Post-Crisis Lows

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Once you miss a mortgage payment, you’re at risk of foreclosure. If you’ve fallen behind on the payments required to keep your home, you’re not alone. An increasing number of Americans are.

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The foreclosure front received some good news today as Lender Processing Services (LPS) reported that the number of Americans in the foreclosure process continues to decline as the housing markets recover, down almost 25% in the past year. LPS went on to say that total delinquency for loans 30.