Foreclosure Starts Hit
Highest Level Since January: LPS
Foreclosure starts are continuing to accelerate, with late stage delinquencies dominating new foreclosure cases, per Lender Processing Services ("LPS"). LPS is the nation's leading provider of mortgage processing services, settlement services, mortgage performance analytics and default solutions, per the company's website description. Read the DS News article by clicking here.
September 2010 Mortgage Performance Observations by LPS
Click here to see LPS full report on September 2010 Mortgage Performance Observations (PDF, 36
pages). This is a very detailed report that provides the real estate industry with a strategic analysis of what's going on in the market.
Ripe Market for a Foreclosure Cleanup Business
With the number of foreclosures in existence, and those slated to hit the market, it's an ideal time to start a foreclosure
cleanup business. Continue reading this blog and the industry's only foreclosure cleanup industry newsletter for more information
about starting your business.
Good luck to you in your foreclosure cleanup business.
DON'T FORGET: Throughout the internet/web and in real estate industry literature, you may see the names mortgage field services, property preservation business, foreclosure cleanup, foreclosure cleaning, foreclosure clean-outs, foreclosure clean, clean foreclosures, cleaning foreclosures, REO trashout, REO trashouts, field asset services, property field services, field service, and field services used interchangeable. The main thing to remember is foreclosure cleaning and foreclosure cleanup generally refer to smaller entities; while property preservation generally refers to larger companies.