IE Business Daily Business news for the Inland Empire.
The foreclosure rate on outstanding mortgage loans in the Inland Empire during June was 0.55 percent, down 0.20 percentage points
year-over-year, according to data released Wednesday.
Foreclosure activity in Riverside and San Bernardino counties was below the national rate in June, which was 0.95 percent, Irvine-based CoreLogic reported in its monthly foreclosure report.
The Inland Empire’s mortgage delinquency rate also declined in June: 2.34 percent of the region’s were overdue by 90 or more days, a drop of 0.28 percentage points compared with June 2015, according to CoreLogic.
