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CoreLogic: Declining foreclosure rates highlight the nation's strong job market

The national mortgage delinquency rate declined in May, according to the latest Home Price Index report from CoreLogic. According to the report, nationally, 3.6% of mortgages remained in some stage of delinquency, as in those 30 days or more past due, including homes in foreclosure, in May.
CoreLogic Chief Economist Frank Nothaft said growth in family income and home prices continues to support low delinquency rates.
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