The U.S. mortgage loan delinquency rate was 8.15 percent of all home loans in November, up 2.7 percent from the month before and down 9.6 percent from a year ago, according to the “First-Look” report issued by Lender Processing Services, one of the countries largest loan servicers and aggregators of loan performance data. The foreclosure rate, on the other hand, was 4.16 percent in November, a 3.0 percent decrease from the month before and a 2.0 percent increase from a year ago.
| Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): |
8.15% |
| Month-over-month change in delinquency rate: | 2.7% |
| Year-over-year change in delinquency rate: | -9.6% |
| Total U.S foreclosure pre-sale inventory rate: | 4.16% |
| Month-over-month change in foreclosure presale inventory rate: | -3.0% |
| Year-over-year change in foreclosure presale inventory rate: | 2.0% |
| Number of properties that are 30 or more days past due, but not in foreclosure: (A) | 4,144,000 |
| Number of properties that are 90 or more days delinquent, but not in foreclosure: | 1,809,000
|
| Number of properties in foreclosure pre-sale inventory: (B) | 2,116,000 |
| Number of properties that are 30 or more days delinquent or in foreclosure: (A+B) |
6,260,000 |
| States with highest percentage of non-current* loans: | FL, MS, NV, NJ, IL |
| States with the lowest percentage of non-current* loans: | MT, SD, WY, AK, ND |
*Non-current totals combine foreclosures and delinquencies as a percent of active loans in that state.
Source: LPS “First Look” Mortgage Report
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