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Tag:
LPS
Housing News
LPS: mortgage delinquency rate up slightly in June
Mortgage prepayment activity remains stable, while HARP loan activity is on the rise, according to Lender Processing Services.
Housing News
5.6 million mortgages in America are delinquent
Although foreclosure sales have slid and inventory levels have increased, the housing sector continues showing signs of improvement, but much of the recovery for delinquent loans depends upon what type of state each loan is in.
Housing News
Loan delinquency levels remain high, but are improving
The number of mortgages that are at least 30 days delinquent hit nearly 5.6 million in March, and LPS reports that the decline in delinquency levels for the month does not necessarily spell out a housing recovery.
Economic News
LPS’ home price index drops 0.9 percent
Like many other previously reported indicators, the Lender Processing Services' Home Price Index slid in January, but with updated reporting, LPS says there has been a lack of proper accounting across various HPIs.
Economic News
Mortgage delinquencies fell 40% in 2011
Foreclosure activity
According to a new report by Lender Processing Services (LPS), mortgage delinquencies dropped 3.7 percent in December, down 40 percent from December 2010...
Housing News
First case of criminal charges in the robo-signing scandal filed in Nevada against LPS employees
606 count indictment allegations
Two title officers, Gary Trafford and Gerri Sheppard who are said to work for Lender Processing Services (LPS) are the subject...
Housing News
Home prices drop nearly 30 percent since the housing market peak
Home prices dropping
According to Lender Processing Services Inc. (LPS) August home price index (HPI), residential sales ending in August 2011 dropped nearly four...
Housing News
LPS sued by American Home for alleged robo-signing fraud
American Home vs. Lender Processing Services
New York investor Wilbur Ross has a net worth of 1.9 billion according to Forbes and specializes in buying...