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Loan Modification

: Loan Modification & Home Loan News

LPS: Mortgages entering foreclosure fell 4.4% in October

By Evan Bedard

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More than one-third of property owners with seriously delinquent mortgages haven’t made a monthly payment in more than a year, according to the Lender Processing Services (LPS: 31.50 +2.84%) mortgage monitor report for October. The company said another 263,000 loans entered the foreclosure process last month, which is down 4.4% from September. LPS said the [...]

Full post as published by Loan Modification & Home Loan News on November 24, 2010 (boomark / email).

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