Industry NewsMarkets & Economy

Delinquencies down, foreclosures up

LPS data shows surge in July foreclosure starts
Published on Aug 30, 2010

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by CareyBot

The total number of non-current residential mortgage loans fell by 1.4 percent from June to July, to 7.04 million, with improvements in delinquency rates partially offset by an increase in foreclosures, according to mortgage data aggregator Lender Processing Services.