Foreclosure rates were down in both Larimer and Weld counties year-over-year in August, a fact that provides a glimmer of hope for area bankers.

In the Fort Collins-Loveland metropolitan statistical area, the foreclosure rate fell from 1.19 percent in August 2010 to 1.05 percent in August, according to the most recent information issued by CoreLogic. In Greeley, foreclosures decreased more dramatically, from 2.23 percent in August 2010 to 1.86 percent.

Delinquency rates are also down, a statistic that Colorado Bankers Association senior vice president Jenifer Waller says shows signs of recovery. Thirty-day delinquency rates are at a three-year low for the state, and 90-day delinquencies are down year-over-year from 4.67 percent to 4.14 percent in August for Colorado.

In Fort Collins-Loveland, 90-day delinquencies are down to 2.58 percent from 3.13 percent year-over-year in August, and down to 4.99 percent from 6.04 percent in the same period last year in Greeley.

Part of the reason for the decrease may be tied to the foreclosure suspension that followed the federal investigation into "robo-signing" practices by some lending agents nationwide, Waller said. Colorado was not one of the states heavily involved, according to