IE Business Daily Business news for the Inland Empire.
Foreclosures on outstanding mortgage loans in the Inland Empire measured .68 percent during November, according to data released Friday.
That was a drop of .19 percent year-over-year and was well below the national foreclosure rate of 1.17 percent for November 2015, Irvine-based CoreLogic reported in its monthly foreclosure report.
The Inland Empire’s mortgage delinquency rate also decreased last November: 2.52 percent of all mortgages in Riverside and San Bernardino counties were overdue by 90 or more days, down from 3.17 percent in November 2014, a drop of .65 percent, CoreLogic reported.
