Foreclosure Rate Up, Delinquency Rate Down
Press release from the issuing company
Thursday, April 7th, 2011
Metro Atlanta’s foreclosure rate was up in January while its mortgage delinquency rate improved, according to CoreLogic.
Metro Atlanta’s rate of foreclosures among outstanding mortgage loans was 3.12 percent in January -- an increase of 0.36 percentage points over 2.76 percent in January of 2010, CoreLogic (NASDAQ: CLGX) reported Wednesday.
Georgia’s foreclosure rate was 2.71 percent in January 2010, compared with 2.43 percent in January 2010.
