Residential Delinquencies Rise In June

Late payments on residential mortgages rose 3.4% in June to 7.14%, but that percentage is 7.3% lower than a year earlier, according to Lender Processing Services.

  • 26 Jul 2012

Late payments on residential mortgages rose 3.4% in June to 7.14%, but that percentage is 7.3% lower than a year earlier, according to Lender ProcessingServices. LPS also reported that foreclosure presale inventory dropped 2% from May and 1% from June 2011.

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