Lender Processing Services (LPS) reported its February 2011 month-end mortgage performance statistics from its loan-level database of nearly 40 million mortgage loans.

According to LPS, the total U.S. loan delinquency rate for loans 30 or more days past due, but not in foreclosure is 8.80%; the month-over-month change in delinquency rate is -1.2%; and the year-over-year change in delinquency rate is -18.4%.

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