Florida Leads Nation in Mortgage Delinquencies

By Kyle Chezum Updated on 11/19/2010

11/19/2010

Florida leads the nation in mortgage delinquencies, with nearly 11% of all mortgages delinquent.  This is a significant total number of delinquent mortgages, considering nearly 3.2 million mortgages have been serviced in the state.  A majority of the delinquent mortgages are three months or more past due.

Nevada and New Jersey follow Florida with equally stunning delinquency numbers.  California comes in fourth.  Nationwide, however, the number of total delinquencies decreased from 14.42% to 13.52%, the lowest it’s been all year.

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