WASHINGTON, D.C. - Foreclosure and mortgage delinquency rates in Northern Colorado increased in December over the same period last year, according to First American CoreLogic.

Figures for December, released on Thursday, show the rate of foreclosures among outstanding mortgage loans in Greeley at 2.61 percent, an increase of 1.16 percentage points compared to December 2008 when the rate was 1.46 percent.

In the Fort Collins-Loveland area, the rate of foreclosures among outstanding mortgage loans is 1.34 percent for December, an increase of 0.61 percentage points over the 0.73 percent reported in December 2008.

Foreclosure activity in both Greeley and Fort Collins-Loveland is lower than December's national foreclosure rate of 3.16 percent.

The First American CoreLogic data also show 7.03 percent of mortgage loans in Greeley were 90 days or more delinquent in December, compared to 4.81 percent for the same period last year, an increase of 2.23 percentage points.

In Fort Collins-Loveland, the rate was 3.49 percent of mortgage loans 90 days or more delinquent compared to 2.07 percent for the same period last year, an increase of 1.42 percentage points.

First American CoreLogic, a member of The First American Corp. (NYSE:FAF) family of companies, provides U.S. real estate and mortgage data and analytics. The data is sourced from public property and tax records, appraisals, lenders, servicers, bond issuers and trustees, and includes over 70 million mortgage applications, 50 million first mortgages and home equity loans, and 96 percent of active non-agency mortgage securities.

For more information about First American CoreLogic, visit www.facorelogic.com

For related stories:
Completed foreclosures in Colorado drop in 2009 - 2/4/2010
Colorado mortgage delinquencies among lowest in nation - 11/20/2009