Colorado 6th best in nation for noncurrent loans

In Colorado, 6.5 percent of active mortgage loans were non-current during February, down 13.4 percent from the same period in 2011.

Only five states reported lower percentages of non-current loans. Non-current loans are those that are 90-plus-days delinquent or in foreclosure.

According to the report by Lender Processing Services, the percentage of non-current loans decreased three times faster in states with non-judicial foreclosures than states with judicial foreclosures. Colorado is a non-judicial foreclosure state, using a public trustee to process foreclosures.

SPONSORED CONTENT

Prioritizing mental health in hospice care

Prioritizing mental health support alongside physical comfort, Pathways hospice care aims to enhance the quality of life for patients and their families during one of life's most challenging transitions.

A judicial foreclosure is required to be processed through a state’s court system.

The only states with lower percentages of non-current loans were Montana, Alaska, Wyoming, South Dakota and North Dakota.