LPS: Mortgage Delinquencies on the Rise Again

According to Lender Processing ServicesÂ’ “First Look” report from its database of nearly 40 million mortgage loans, the month-over-month delinquency rate rose 0.4% in April, bringing the overall delinquency rate of loans 30 or more days past due (but not in foreclosure) to 7.12%.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Lender-Processing-Services-delinquencies-rise-April-2012-1030566-1.html

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