LPS: Foreclosure Inventory Up, But Slowing
admin2011-02-09T05:00:08-07:00February 9, 2011 (Shirley Allen) Lender Processing Services (LPS) released its December Mortgage Monitor report and disclosed that foreclosure activity continues to climb but new foreclosure proceedings declined slightly. Incredibly, nearly 6.9 million homes are now in some stage of delinquency or foreclosure, with foreclosures being 7.8 times historical averages and the total number of [...]