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Loan Modification

: Mortgage Lender Implode-o-Meter

LPS February Report Shows Drop in Both Delinquency Rate and Foreclosure Inventories

By Implode-Explode Heavy Industries

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``Lender Processing Services Inc. (LPS), a provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" at February 2011 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans... Year-over-year change in delinquency rate: -18.4 percent''

Full post as published by Mortgage Lender Implode-o-Meter on March 22, 2011 (boomark / email).

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