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LPS: Foreclosure Backlog Stands at 30x Foreclosure Sales Volume

LPS: Foreclosure Backlog Stands at 30x Foreclosure Sales Volume lps data shows long delays in Foreclosure Process. there is an enormous backlog of foreclosures in the pipeline that may be as great as 30 times the monthly sales volume of already foreclosed.vulnerable discourages: freeze litters Freeze dried, grain free dog food made from non-GMO, hormone and antibiotic free ingredients that are human grade and USDA inspected. Carefully made from single-sourced, whole animal protein without.

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As of the end of February, LPS says foreclosure inventory levels stood at more than 30 times monthly foreclosure sales volume.

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LPS: Foreclosure Backlog Stands at 30x Foreclosure Sales Volume As of the end of February, foreclosure inventory levels stand at more than 30 times monthly foreclosure sales volume, indicating this backlog will continue for quite some time. Ultimately, these foreclosures will most likely reenter the market as REO properties, putting even more downward pressure on U.S. home values.

The February Mortgage Monitor report released by Lender Processing Services Inc. (LPS) shows that while delinquencies continue to decline, an enormous backlog of foreclosures still exists with overhang at every level. As of the end of February, foreclosure inventory levels stand at more than 30 times monthly foreclosure sales volume, indicating this backlog will continue for quite some time.

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(The homeowner vacancy rate is the proportion of the homeowner inventory that is vacant for sale.) And the rental vacancy rate in the fourth quarter stands at. much of the backlog has to do with.

Blitzer, chairman of the index committee at Standard & Poor’s. ââ¬Å”These data confirm what we have seen with recent housing starts and sales reports,ââ¬Â Blitzer continued. ââ¬Å”The housing.

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LPS: Foreclosure Backlog Stands at 30x Foreclosure Sales Volume As of the end of February, foreclosure inventory levels stand at more than 30 times the monthly foreclosure sales volume. February 2011 Report highlights: Delinquency rate was 8.8 percent, down 1.2% from month before and down 0.3 percent from a year ago; Foreclosure rate was 4.15.