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READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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LPS February “First Look” Report: Delinquencies/Foreclosure Inventory Declines
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
LPS February “First Look” Report: Delinquencies/Foreclosure Inventory Declines
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
LPS February “First Look” Report: Delinquencies/Foreclosure Inventory Declines

March 22, 2011 (Shirley Allen)
mortgage-avoidfc-image
Lender Processing Service (LPS) released its monthly “First Look” Mortgage Report for February 2011 yesterday which is derived from its loan-level database of nearly 40 million loans. The month-end data shows a decline in delinquency rate and foreclosure inventories.

The “First Look” report contains highlights of the company’s forthcoming Mortgage Monitor report which will provide a more in-depth review including an analysis of data supplemented by in-depth charts and graphs that reflect trend and point-in-time observations.

Early highlights of the report include:

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 8.80% compared to 8.90% in January 2011

Month-over-month change in delinquency rate: -1.2% compared to -0.8% in January 2011

Year-over-year change in delinquency rate: -18.4% compared to -18.8% in January 2011

Total U.S foreclosure pre-sale inventory rate: 4.15% compared to 4.16% in January

Month-over-month change in foreclosure presale inventory rate: -0.2% the same in January 2011

Year-over-year change in foreclosure presale inventory rate: 7.4% compared to 7.9% in January 2011

Number of properties that are 30 or more days past due, but not in foreclosure: (A) 4,659,000 compared to 4,719,000 in January 2011

Number of properties that are 90 or more days delinquent, but not in foreclosure: 2,165,000 compared to 2,168,000 in January 2011

Number of properties in foreclosure pre-sale inventory: (B) 2,196,000 compared to 2,203,000 in January 2011

Number of properties that are 30 or more days delinquent or in foreclosure: (A+B) 6,856,000 compared to 6,922,000 in January 2011

States with highest percentage of non-current* loans: FL, NV, MS, NJ, GA (FL, NV, MS, GA, NJ in January 2011)

States with the lowest percentage of non-current* loans: MT, WY, AK, SD, ND (MT, WY, AK, SD, ND in January 2011)

*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.

Tags: LPS, mortgage delinquency rate, foreclosure inventory, non-current loans

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 22, 2011 (Shirley Allen)
mortgage-avoidfc-image
Lender Processing Service (LPS) released its monthly “First Look” Mortgage Report for February 2011 yesterday which is derived from its loan-level database of nearly 40 million loans. The month-end data shows a decline in delinquency rate and foreclosure inventories.

The “First Look” report contains highlights of the company’s forthcoming Mortgage Monitor report which will provide a more in-depth review including an analysis of data supplemented by in-depth charts and graphs that reflect trend and point-in-time observations.

Early highlights of the report include:

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 8.80% compared to 8.90% in January 2011

Month-over-month change in delinquency rate: -1.2% compared to -0.8% in January 2011

Year-over-year change in delinquency rate: -18.4% compared to -18.8% in January 2011

Total U.S foreclosure pre-sale inventory rate: 4.15% compared to 4.16% in January

Month-over-month change in foreclosure presale inventory rate: -0.2% the same in January 2011

Year-over-year change in foreclosure presale inventory rate: 7.4% compared to 7.9% in January 2011

Number of properties that are 30 or more days past due, but not in foreclosure: (A) 4,659,000 compared to 4,719,000 in January 2011

Number of properties that are 90 or more days delinquent, but not in foreclosure: 2,165,000 compared to 2,168,000 in January 2011

Number of properties in foreclosure pre-sale inventory: (B) 2,196,000 compared to 2,203,000 in January 2011

Number of properties that are 30 or more days delinquent or in foreclosure: (A+B) 6,856,000 compared to 6,922,000 in January 2011

States with highest percentage of non-current* loans: FL, NV, MS, NJ, GA (FL, NV, MS, GA, NJ in January 2011)

States with the lowest percentage of non-current* loans: MT, WY, AK, SD, ND (MT, WY, AK, SD, ND in January 2011)

*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.

Tags: LPS, mortgage delinquency rate, foreclosure inventory, non-current loans

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 22, 2011 (Shirley Allen)
mortgage-avoidfc-image
Lender Processing Service (LPS) released its monthly “First Look” Mortgage Report for February 2011 yesterday which is derived from its loan-level database of nearly 40 million loans. The month-end data shows a decline in delinquency rate and foreclosure inventories.

The “First Look” report contains highlights of the company’s forthcoming Mortgage Monitor report which will provide a more in-depth review including an analysis of data supplemented by in-depth charts and graphs that reflect trend and point-in-time observations.

Early highlights of the report include:

Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 8.80% compared to 8.90% in January 2011

Month-over-month change in delinquency rate: -1.2% compared to -0.8% in January 2011

Year-over-year change in delinquency rate: -18.4% compared to -18.8% in January 2011

Total U.S foreclosure pre-sale inventory rate: 4.15% compared to 4.16% in January

Month-over-month change in foreclosure presale inventory rate: -0.2% the same in January 2011

Year-over-year change in foreclosure presale inventory rate: 7.4% compared to 7.9% in January 2011

Number of properties that are 30 or more days past due, but not in foreclosure: (A) 4,659,000 compared to 4,719,000 in January 2011

Number of properties that are 90 or more days delinquent, but not in foreclosure: 2,165,000 compared to 2,168,000 in January 2011

Number of properties in foreclosure pre-sale inventory: (B) 2,196,000 compared to 2,203,000 in January 2011

Number of properties that are 30 or more days delinquent or in foreclosure: (A+B) 6,856,000 compared to 6,922,000 in January 2011

States with highest percentage of non-current* loans: FL, NV, MS, NJ, GA (FL, NV, MS, GA, NJ in January 2011)

States with the lowest percentage of non-current* loans: MT, WY, AK, SD, ND (MT, WY, AK, SD, ND in January 2011)

*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.

Tags: LPS, mortgage delinquency rate, foreclosure inventory, non-current loans

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS