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07/20/2011
 

LPS 'First Look' Mortgage Report: June Month-End Data Shows an Increase in the Delinquency Rate and in Foreclosure Inventories

Based on statistics derived from its loan-level database of nearly 40 million mortgage loans.

4.8 out of 5 by (5) User/s 0 Comments

Author: RET Staff
Submitted: 07/20/2011
Submitted by: RE Technology

LPS LogoJACKSONVILLE, Fla. – July 20, 2011 – Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, reports the following "first look" of June 2011 month-end mortgage performance statistics derived from its loan-level database of nearly 40 million mortgage loans.

LPS Press Release Table

*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.
Notes:
(1) Totals are extrapolated based on LPS Applied Analytics' loan-level database of mortgage assets
(2) All whole numbers are rounded to the nearest thousand

The company will provide a more in-depth review of this data in its monthly Mortgage Monitor report, which includes an analysis of data supplemented by in-depth charts and graphs that reflect trend and point-in-time observations. The Mortgage Monitor report will be available on LPS' website, http://www.lpsvcs.com/LPSCorporateInformation/ResourceCenter/PressResources/Pages/MortgageMonitor, by August 5, 2011.

For more information about gaining access to LPS' loan-level database, please send an e-mail to LPSAAsales@lpsvcs.com.

About Lender Processing Services
Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology, services and mortgage performance data and analytics, to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop®), portfolio retention and default, augmented by the company's award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by dollar volume are serviced using LPS' Mortgage Servicing Package (MSP). LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, visit www.lpsvcs.com.

Investor Contact: Parag Bhansali, 904.854.8640, parag.bhansali@lpsvcs.com
Media Contact: Michelle Kersch, 904.854.5043, michelle.kersch@lpsvcs.com

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