Credit Cornerstone Weekly Credit Trends and Data Intelligence
Las Vegas leads in both mortgage
delinquencies and investor foreclosures
June 17, 2010
A recent study by Experian and Moody's Analytics revealed that Las Vegas, Nev., had the highest mortgage delinquency rate within the United States, with 23 percent of homeowners experiencing delinquencies of 60 days late or greater. Las Vegas also leads the nation with more than 30 percent of investor properties resulting in a foreclosure.*

On a brighter note, the growing technology sector within Raleigh, NC, may have contributed to stronger credit performance, with only 5 percent of homeowners experiencing delinquencies of 60 days late or greater. This percentage is less than the national average mortgage delinquency rate.

Source: Moody's Analytics and Experian Regional Economic Outlook, March 2010


Join an online community designed to share "New strategies for a new reality" and gain access to exclusive presentations and materials from Experian's recent Vision 2010 Conference.


*Investors are defined as consumers with three or more mortgage accounts.
FOLLOW US ON
Blog
Twitter
MONTHLY ARCHIVES
May 2010
Older Archive
CONTACT US
Call us at 1 888 414 1120 or email decisionanalytics@experian.com
SUBSCRIBE
Did a friend forward this email to you? Sign up to receive your own weekly copy.




www.experian.com © Experian 2010. All rights reserved

Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.