According to HousingWire, the mortgage delinquency rate fell 2.2 percent from Dec. 2011 to Jan. 2012. Based on its data of nearly 40 million loans, Lender Processing Services says the Jan. 2012 delinquency rate dropped to 7.97 percent, which represents a 10.5 percent annual decline. There are 1.77 million properties with loans at least 90 days delinquent but not in foreclosure, and another four million over 30 days past due. MHProNews.com has learned as of Jan. 2012, 2.08 million homes were in pre-sale foreclosure, up 1.1 percent from Dec. 2011 but down slightly from a year ago. Montana, South Dakota, Wyoming, and Alaska have the lowest number of non-current loans, while Florida, Mississippi, Nevada, New Jersey, and Illinois have the highest percentage.

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