Housing
Map of the Day: Florida’s Ongoing Mortgage Problem
High rates of foreclosure plague the state’s metros, but there are some reasons for hope
A new analysis of seriously delinquent mortgages and foreclosures paints a bruised picture of America. Foreclosure-Response.org maps out the latest quarterly mortgage delinquency data for metropolitan areas from June 2011, and shows continued struggles with mortgage payments and foreclosures around the country.
The analysis includes a ranking of the top 25 metro areas with high rates of serious delinquency, those either currently in foreclosure or more than 90 past due. Of the top 25, 19 metropolitan areas in America. have more than 15 percent of all mortgages in serious delinquency.