From the Indy Star
The rate of foreclosures among outstanding mortgage loans in the metro area jumped to 3.21 percent in June, compared with a revised rate of 3.16 percent in May and 2.78 percent in June 2009, said CoreLogic, a Santa Ana, Calif.ornia company that tracks foreclosures. Nationally, the foreclosure rate was 3.06 percent in June.
The delinquency rate — loans 90 days or more behind in payments — fell to 7.1 percent in the metro area in June from 7.28 percent in May. But that’s up from 6.42 percent a year ago. (Star report)
Tags: delinquency, Foreclosures, Indianapolis, Wilmoth
