first_imgVermont’s mortgage delinquency and foreclosure rates are still well below the national average and are some of the lowest in the nation. The May Mortgage Monitor report released today by Lender Processing Services, Inc. (NYSE: LPS), 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. This report includes data as of May 31, 2010.According to the Mortgage Monitor report, the percentage of mortgage loans in default beyond 90 days increased slightly, while both delinquency and foreclosure rates continue to remain relatively stable at historically high levels. There are currently more than 7.3 million loans currently in some stage of delinquency or REO.  The report also shows that the average number of days for a loan to move from 30-days delinquent to foreclosure sale continues to increase, and is now at an all-time high of 449 days, resulting in an increase in “shadow” foreclosure inventory.After a two-month decline, deterioration ratios increased, with 2.5 loans rolling to a “worse” status for every one that has improved. The number of delinquent loans that “cured” to a current status declined for every stage of delinquency, except in the “greater than six months delinquent” category.  This improvement was likely the result of trial modifications made through the Home Affordable Modification Program (HAMP) that transitioned into permanent status.  Other key results from LPS’ latest Mortgage Monitor report include:Total U.S. loan delinquency rate:9.20 percentTotal U.S. foreclosure inventory rate:3.18 percentTotal U.S. non-current* loan rate:12.38 percentStates with most non-current* loans:Florida, Nevada, Mississippi, Georgia, Arizona, California, Illinois, New Jersey, Ohio and IndianaStates with the fewest non-current* loans:North Dakota, South Dakota, Wyoming, Alaska, Montana, Nebraska, Vermont, Colorado, Iowa and Minnesota*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.Note: Totals based on LPS Applied Analytics’ loan-level database of mortgage assets.LPS manages the nation’s leading repository of loan-level residential mortgage data and performance information from nearly 40 million loans across the spectrum of credit products. The company’s research experts carefully analyze this data to produce dozens of charts and graphs that reflect trend and point-in-time observations for LPS’ monthly Mortgage Monitor Report.To review the full report, listen to a presentation of the report and access an executive summary of the report, visithttp://www.lpsvcs.com/NEWSROOM/INDUSTRYDATA/Pages/default.aspx(link is external).About Lender Processing ServicesLender Processing Services, Inc. (LPS) is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop), portfolio retention and default, augmented by the company’s award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by dollar volume are serviced using LPS’ Mortgage Servicing Package (MSP). LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, visit www.lpsvcs.com(link is external).SOURCE Lender Processing Services, Inc. JACKSONVILLE, Fla., July 6, 2010 /PRNewswire-FirstCall/ —last_img read more

first_imgCaptain John Terry has urged his Chelsea team-mates to heed the wake-up call presented by their 1-0 FA Community Shield defeat to Arsenal. The Barclays Premier League champions were sluggish as their London rivals, through Alex Oxlade-Chamberlain’s 24th-minute goal, recorded a rare victory against them. The winger’s powerful finish was Arsenal’s first goal against Chelsea in 506 minutes, and ended the Blues’ eight-match unbeaten run against them. “[Losing’s] horrible, whether it’s against my kids or anyone. That’s the mentality I was brought up in. That’s the same as the manager on a daily basis. “It was a different atmosphere in the dressing room afterwards. We haven’t lost many at Wembley. It’s maybe the boost we needed and we go again for the season.” The defeat means Chelsea’s pre-season is at risk of concluding without a solitary win in normal time. Gary Cahill resumed his central defensive partnership with Terry, but was unconcerned about their form and instead maintained that they should be judged from Saturday, when the league season begins. “Pre-season is false in many ways because you’re changing the team, everyone’s getting minutes, everyone is trying to get fit and you’re training hard,” he said. “You’re doing double training sessions before you play a game. We still have another week of that before we get down to business against Swansea. “I thought the game was opened up by a bit of individual brilliance – [Oxlade-Chamberlain] came inside and hit it into the top corner. Apart from that, I don’t think they had too many chances.” Terry remained adamant that they were the superior side and refused to dismiss the fixture as a friendly and hoped the defeat would ensure that they were better prepared. “There was a trophy on the line,” said the 34-year-old, whose side host Swansea on Saturday in their opening Premier League fixture. “It hurt when you saw them walk up the [Wembley] stairs to lift it. It means a lot because you work all season to be here. They earned the right to be here by winning the FA Cup. So did we by winning the league. “No matter if it’s a friendly or a Community Shield – it’s a trophy at the end of the day. It’s horrible. It’s not nice. At the same time, it could be a blessing in disguise for us – a wake-up call. “We have experience in the squad – we have the character. It’s going to be even tougher this year. We go again and prepare ourselves for Swansea. “We have the Premier League to concentrate on now. We have to take the positives from it. We got another 90 minutes under our belts.” Chelsea had only returned from a pre-season largely spent in the United States on Wednesday while Arsenal, who resumed training a week earlier than Jose Mourinho’s team, appeared fresher. Terry and his team-mates also struggled against fatigue towards the end of last term – their impressive start was ultimately what inspired them to the title – but the defender insisted their conditioning was not a concern. “I don’t think so,” he replied when asked if Chelsea were tired. “I thought we were on top, if anything. I think these games are always a bit slow anyway – the players are still finding their feet and fitness. Press Associationlast_img read more

first_imgSyracuse (15-8, 4-6 Atlantic Coast) visits Louisville (16-7, 6-4) just two days after losing at home to No. 2 Virginia. The Orange has also won just one of its last six contests against the Cardinals. See if our beat writers think SU can overcome the quick turnaround and lack of success against the UofL.Matthew Gutierrez (20-3)Move alongLouisville 63, Syracuse 54Syracuse may win on the road only one or two times this season (Wake Forest? North Carolina State?), and Monday night against Louisville is certainly not one of them. The Orange is coming off its worst offensive game at home in nearly 60 years, while the Cardinals are shooting the lights out recently, including a 50-percent shooting performance against Virginia (bravo), a 51-percent performance in a rout of Wake Forest and a 42.9-percent 3-point shooting outing against Florida State on Saturday. SU will run with its thin lineup on about 48 hours rest, a strenuous period made no easier when you consider this: SU has lost five of its last six to UofL. With just eight more games left on the schedule, chalk this up as a third-consecutive loss.Sam Fortier (18-5)AdvertisementThis is placeholder textUofSyracuseLsLouisville 66, Syracuse 52Louisville is great on defense and solid on offense. Syracuse is great on defense and “horrible,” as Jim Boeheim said, on offense. The Cardinals’ recent hot-shooting and their length should be all UofL needs to coast over a struggling Orange squad that hasn’t been great on the road this season anyway. Now, SU is seeing its postseason chances slip further and further away.Tomer Langer (17-6)Not in the CardsLouisville 65, Syracuse 54There are so many different factors working against the Orange in this one. It’s a road game, it’s being played two days after SU’s last game (which happened to be against the No. 2 team in the country), and Bourama Sidibe might not be available again given the short turnaround and the fact that he couldn’t go on Saturday because of his knee injury. Meanwhile, SU center Paschal Chukwu has had arguably his worst stretch of the season. If he doesn’t play up to par, SU will have a hard time contending with 7-foot, 215-pound UofL center Anas Mahmoud. For SU to win this game, we’d need to see a replica of the team that beat BC, because every other performance since 2018 started (including two wins over lowly Pittsburgh) hasn’t been good enough. Comments Published on February 5, 2018 at 3:05 pm Facebook Twitter Google+last_img read more

first_imgAsante Kotoko assistant coach Henry Wellington has revealed he is unperturbed with the side’s slow start to the season.Wellington, who is acting in the absence of Mas-ud Didi Dramani – away on national team duty – saw the Porcupine Warriors labour to a 0-0 draw on the opening day of their title defence against newly promoted Amidaus Professionals on Sunday.Speaking after the draw at home to Amidaus, Wellington stated he is not overly troubled by Kotoko’s results and admits they were unlucky to claim all the spoils.“It was a good game and I am sure we will defend the league,” said Wellington.“We played very well but it was just hard luck.”Kotoko play AshantiGold next in the league at the Len Clay Stadium.last_img read more