Steve Jolly - The REO Expert for Greater Nashville

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 increase. The number of newly delinquent loans reached 637,822 in May ...

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 industry organization found that by the end of the first quarter of this year, 12.07 percent of ...