LPS: Mortgages In Foreclosure Process at an All-Time High

[mEDITate-OR:
assume that taking Ex-lax will cleans (y)our system...
when what remains is SO full of shiites.
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LPS reports that a record 4.29% of mortgages were in the foreclosure process, up from 4.18% in September, and up from 3.92% in October 2010.

This gives a total of 12.22% delinquent or in foreclosure.

It breaks down as:

• 2.33 million loans less than 90 days delinquent.

• 1.76 million loans 90+ days delinquent.

• 2.21 million loans in foreclosure process.

For a total of 6.30 million loans delinquent or in foreclosure in October.

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LPS: Mortgages In Foreclosure Process at an All-Time High
http://www.calculatedriskblog.com/2011/12/lps-mortgages-in-foreclosure-process-at.html
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