Number of Americans in foreclosure plummets: LPS

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Of non-current mortgages, 57.6 percent are underwater, and of loans in foreclosure, 68.3 percent. we see corresponding increases in the number of new problem loans," said Herb Blecher of LPS.

The number of Americans in the foreclosure process plummeted by nearly 25% in the past year, according to Lender Processing Services First Look mortgage report for April.

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WASHINGTON – The number of people. soon as more Americans default on their mortgages. Nearly 2.2 million homes are in foreclosure and another 1.9 million homes are more than 90 days past due on.

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foreclosures from 2005 to 2008 in the Cleveland, Cincinnati, and Columbus metropolitan areas. Measuring Foreclosures A number of foreclosure statistics are reported by private rms and associations in the United States. One measure used to gauge the magnitude of foreclosure activity is the foreclosure rate.

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According to the latest figures, the number of Americans falling behind on their mortgage payments is increasing, while the number of foreclosures continues to swell. To make matters worse the rise in new delinquencies should lead to even worse foreclosure numbers in the near future. For more on.

The number of Americans in foreclosure plummeted nearly 25% in April from year-ago levels, according to the latest "First Look" Mortgage Report from lender processing services (lps). The total U.S. foreclosure pre-sale inventory rate reached 3.17% in April, down 24.55% when compared on a year-over-year basis.