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Judicial States Continue to Elevate Foreclosure Stats

Tuesday, April 14, 2015

While activity related to distressed mortgage loans continues to grind its way back to normal levels, CoreLogic says that 17 of the 25 judicial foreclosure states still have delinquency levels at or above the national rate of 4.0 percent. Only five of the 26 non-judicial jurisdictions had rates that high. .

CoreLogic says that there were 1.5 million mortgages that were seriously delinquent (90 or more days past due) in February, down 19.3 percent from one year earlier and 1.1 percent from January.  The national delinquency rate is the lowest since June 2008.

 

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