LPS says the foreclosure inventory is 4.14 percent, 0.1 percent higher than Feb. but 1.6 percent lower than March 2011. The foreclosure presale inventory is just over two million properties. MHProNews.com has learned the states with the highest number of foreclosures are among those with the highest ratio of delinquent loans: Florida.
Correcting Foreclosure Practices. Updated January 31, 2017. OCC to Escheat Remaining Foreclosure Review Funds, Completes Payment Program. Under the Independent Foreclosure Review (IFR) Payment Agreement, more than $3.2 billion was distributed to more than 3.6 million eligible borrowers, representing more than 90 percent of the total amount available for distribution.
Record number of homes in foreclosure LPS report reveals hopeful long-term trends By Inman News, Friday, December 2, 2011. Foreclosure sign image via Shutterstock. The foreclosure pipeline has never been more crammed, with lenders attempting to push 2.2 million homes through the process as of the end of October, according to a monthly report issued.
Lender Processing Services (LPS), Jacksonville, Fla., reported that by the end of October 2010 the total U.S. foreclosure inventory rate reached 3.92%, marking an all time high in the size of the inventory – which now equals 7.4 times the historical averages and continues to rise.
The U.S. average in November was 10.6 percent, according to LPS. Even with Florida’s top share of non-current mortgages, the number of. the highest share of foreclosure supply compared with other.
The number of Americans in foreclosure plummeted nearly 25% in April from year-ago levels, according to the latest "First Look" Mortgage Report from Lender Processing Services (LPS). The total U.S. foreclosure pre-sale inventory rate reached 3.17% in April, down 24.55% when compared on a year-over-year basis.
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An increasing number of Americans are requesting credit counseling appointments to talk about impending foreclosure. The best thing you can do is to avoid the foreclosure phase and work out a.
Inside the Abortive FBI Investigation of Illegal Foreclosure in Florida The massive probe threatened to implicate the biggest banks in America, but sent just one woman to prison. by David Dayen
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It said that at the end of October, the number of properties going into foreclosure is "7.4 times historical averages and rising." The banks’ push to evict homeowners faster and in bigger numbers than ever before makes LPS’s services even more crucial to them.