PROVIDENCE – Rhode Island was eighth-highest in the nation for its percentage of noncurrent loans in September at 7.1 percent, according to Black Knight Financial Services.
Missouri led the nation for its percentage of non-current loans, which combine foreclosures and mortgage delinquencies as a percent of active loans, at 11.2 percent, followed by Louisiana at 10.3 percent; New Jersey, 8 percent; Alabama, 7.8 percent; and West Virginia, 7.7 percent.
Nationally, the average was 5.3 percent for non-current loans in September, Black Knight said.
North Dakota had the lowest percentage of non-current loans at 2.2 percent in September. Massachusetts fell in the middle, at 5.4 percent.
Home Economy Real Estate Black Knight: R.I. eighth-highest in U.S. for percentage of noncurrent loans in...
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