**DEFINITIONS**
Home Loan Delinquency – loans that are more than 30 days past due, but not yet in foreclosure.
Foreclosure Inventory – mortgages that have gone to a foreclosure attorney but haven’t reached the final stage of foreclosure sale
LPS Mortgage Foreclosures in June 2011According to LPS, L
ender Processing Services, the Home Loan Delinquency rate is up 8.15% in June. 2.4% higher than May and compared to June of last year, 14.7% higher.
The U.S. Foreclosure Inventory is up both on a monthly and an annual basis. LPS states that there are 6,452,000 mortgages going unpaid in the United States. 2,167,000 are in the process of foreclosure. 4,285,000 are 1 or more payments past due and of these 1,906,000 are 90 or more days past due.
The states with the highest percentage of non-current loans are Florida, Nevada, Mississippi, New Jersey and Georgia.
States with the lowest percentage of non-current loans are Montana, Wyoming, Alaska, South Dakota and North Dakota.


