National Mortgage Delinquency Rate Swells to 9.2% in May: LPS

National Mortgage Delinquency Rate Swells to 9.2% in May: LPS National Mortgage Delinquency Rate Swells to 9.2% in May: LPS The norris group real estate news roundup 7/6/10 Today’s News Synopsis: According to lender processing services, the national mortgage delinquency rate increased to 9.2% in May. reis reports national office vacancies.

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According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 4.51% in June, down from 4.64% in May; the rate was 4.74% in June 2010. Inventory of Homes – GNO Market is running about 5 months.much better than national levels.

According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 4.51% in June, down from 4.64% in May; the rate was 4.74% in June 2010. Inventory of Homes – GNO Market is running about 5 months.much better than national levels.

Source: Loan Performance, Mortgage Bankers’ Association, Amherst Securities This suggests that 12.84% of the 55.9 m illion units, or 7.18 million uni ts are already in the delinquency pipeline and will eventually liquidate. Modification may lower the number somewhat, but the re-default rate on modifications are quite high.

The registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically.

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National Mortgage Delinquency Rate Swells to 9.2% in May: LPS The norris group real estate news roundup 7/6/10 Today’s News Synopsis: According to Lender Processing Services, the national mortgage delinquency rate increased to 9.2% in May. Reis reports national office vacancies increased by 0.1 percent in the second quarter to 17.4 percent.

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