Mortgage delinquency, foreclosure numbers improve some more

CoreLogic's latest data on mortgage delinquency and foreclosure rates show Middle Tennessee consumers and lenders continuing to steadily process the housing bust. The share of loans that are at least 90 days behind (the blue line in the chart below) has come down 45 basis points over the past year while the region's foreclosure rate is at its lowest since July 2010. Both Nashville-area statistics are almost 2 percentage points below the national averages.