Mortgage delinquency rate in South Florida dips, but remains high – South Florida Business Journal

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Mortgage delinquency rates decline nationally, but Florida shows increase due to Irma. Florida has the most densely populated and longest coastal area and thus the most exposure to storm surge.

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Nevada had the highest delinquency rate, at 15.98%, followed by Florida, at 14.65%. However, Florida is expected to experience the highest mortgage delinquency rate by the end of the year, some say reaching as high as 18.2%. As we previously noted, those that fell into foreclosure typically had one more reason other than a job loss or bad loan.

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Mortgage Delinquency and Foreclosure Trends-Florida Fourth Quarter 2011 . This report for Florida is part of the Mortgage Delinquency and Foreclosure Trends series, released quarterly, which provides information on mortgage market condition s in the six states that comprise the

Five Florida Keys men ripped off the federal government and received thousands of dollars in recovery money after Hurricane Irma struck last year, the monroe county state Attorney’s Office said.. The mortgage delinquency rate fell to a 12-year low, with declines expected to continue as the.

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