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LPS May Mortgage Monitor Report: Increase in Rate of New Delinquencies; Decline in Number of Delinquent Loans ...


The May Mortgage Monitor report released today by Lender Processing Services, Inc. , a leading provider of mortgage performance data and analytics, shows a 2.3 percent month-over-month increase in the nation's home loan delinquency rate to 9.2 percent in May 2010, and that early-stage delinquencies are increasing as normal seasonal improvements taper off.

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