LPS' June Mortgage Monitor Report: Agency Prime Foreclosure Starts Increase; Delinquencies Decline Slightly, but Remain Elevated at 9.55% (PR Newswire)
The June Mortgage Monitor report released today by Lender
Processing Services, Inc. shows that overall foreclosure starts
and foreclosure inventories have remained relatively stable;
however, foreclosure starts for loans owned by the Government
Sponsored Entities are at an all-time high.
Foreclosures jump among prime US borrowersso-called (at Financial Times)
Credit-worthy borrowers with straightforward mortgages are
entering foreclosure at a record pace, according to a report
released on Tuesday by Lender Processing Services, which tracks
and analyses mortgages.
NYSE chief stresses importance of Warsaw link (at Financial Times)
The New York Stock Exchange believes the Warsaw Stock Exchange is
the gateway for investors outside the region and that the current
technology agreement between the two bourses is just the start of
a strategic relationship that could ultimately involve NYSE
taking a stake in its partner.
Mixed Results for Lender Processing (Zacks)
Lender Processing Services downgraded by Oppenheimer (Briefing.com)