In the state, 19.52 percent of borrowers were either 90 days past due orin foreclosure in the third quarter. Add in borrowers who are 30 and 60days late, and nearly one in four Floridians are behind on their loans.
The good news is that Florida’s seriously delinquent rate is down from20.13 percent in the second quarter. But no other state met Florida’slofty level of late payers. Nevada was No. 2 at 17.83 percent, whileIllinois’ 10.77 percent ranked third. READ THE REST HERE
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