Saturday, February 2, 2013

2012 Trends for Delinquencies

2012 Trends for Delinquencies

Foreclosures, and Negative Equity: While the national delinquency rate remains elevated and even increased slightly month-over-month in December, the delinquency rate ended the year 32 percent lower than the January 2010 peak, according to the December Mortgage Monitor report from Lender Processing Services (LPS).

The delinquency rate for December stood at 7.17 percent, up 0.7 percent from November, but down 9.1 percent from a year ago, read more ....

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