Data provider Lender Processing Services (LPS) reported today December 2011 month-end mortgage performance statistics derived from its loan-level database of close to 40 million mortgage loans.
Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 8.15%
month-over-month change in delinquency rate at 0.0%; year-over-year change in delinquency rate at -7.7%; total U.S. foreclosure pre-sale inventory rate at 4.11%; month-over-month change in foreclosure presale inventory rate at -1.3%; year-over-year change in foreclosure presale inventory rate at -1.0%; number of properties that are 30 or more days past due, but not in foreclosure at (A) 4,101,000; number of properties that are 90 or more days delinquent, but not in foreclosure at 1,792,000; number of properties in foreclosure pre-sale inventory at (B)2,066,000; number of properties that are 30 or more days delinquent or in foreclosure at (A+B)
6,167,000; states with highest percentage of non-current loans are FL, MS, NV, NJ, IL; and the states with the lowest percentage of non-current loans are MT, WY, SD, AK, ND.
The non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.
