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02/24/2014

Fort Worth-Arlington area foreclosure and mortgage delinquency rates drop in December

Fort Worth-Arlington mortgage holders at least 90 days delinquent on their loans remained flat in December from November, but was down from December 2012, according to CoreLogic.

The mortgage delinquency rate, the percentage of loans more than 90 days late, was 4.17 percent in December. The rate was unchanged from November, but was down 0.43 percentage points from December 2012, CoreLogic said.

The U.S. mortgage delinquency rate in December was 5.03 percent, said CoreLogic, a real estate information, analytics and service provider.

The rate of Fort Worth-Arlington foreclosures was 0.99 percent in December, a decrease of 0.18 percentage points compared to December of 2012, when the foreclosure rate was 1.17 percent. The rate is well below the national foreclosure rate of 2.09 percent in December.

The Fort Worth-Arlington area includes Wise, Parker, Tarrant, Hood and Johnson counties.

_ Sandra Baker

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