PROVIDENCE – Rhode Island was eighth highest in the nation in January for its percentage of noncurrent loans at 7 percent, Black Knight Financial Services said this week.
The Ocean State’s percentage fell nearly 21 percent over the year.
Noncurrent loans combine foreclosures and mortgage delinquencies as a percent of active loans.
Mississippi, Louisiana and Alabama led the nation with their percentages of noncurrent loans at 11.3, 9.8 and 7.9 percent, respectively. Maine had the highest percentage of noncurrent loans in New England at 7.4 percent, ranking sixth highest nationally.
North Dakota and Colorado were tied for the lowest percentage at 2.3 percent. New Hampshire had the lowest noncurrent percentage in New England at 4.4 percent, which is 17th lowest in the country.
Home Economy Economic Activity Black Knight: R.I. eighth highest in noncurrent loans in U.S. in Jan.
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