Steve Jolly - The REO Expert for Greater Nashville

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• LPS Data Shows Rising Mortgage Delinquencies

  Lender Processing Services, Inc. released the June 2009 LPS Mortgage Monitor, which includes mortgage data through the end of May 2009. Total mortgage delinquencies rose in May to 8.49% for a 5.0% increase over April’s results and a 50% year-over-year Read More... Posted Monday, June 29, 2009 12:24 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Conditions, Market Trends, Mortgages, Delinquency, LPS

• MBA: Delinquencies, Foreclosures Continue to Climb

  Foreclosures and mortgage delinquencies are still mounting and will continue to rise until the first quarter of 2011, driven primarily by increasing job losses, according to a new report issued by the Mortgage Bankers Association (MBA) on Thursday. The Read More... Posted Friday, May 29, 2009 11:10 AM by Steven Jolly | 0 Comments Filed under: Real Estate, REO, Foreclosures, Mortgages, Delinquency, Default