Foreclosure rates rose in February year over year for the Los Angeles-Long Beach-Glendale area, according to First American CoreLogic, which tracks housing data.
The rate of foreclosures for outstanding mortgage loans was 3.58 percent in February, up from 2.46 percent in the same month a year earlier.
February foreclosure activity in the local area was higher than the California foreclosure rate of 3.53 percent and national rate of 3.17 percent.
The local area also saw an increase in mortgage delinquency for February, when 12.06 percent of mortgage loans were at least 90 days delinquent compared to 7.88 percent for the same month last year.
The local rate was higher than the statewide delinquency rate of 11.68 percent and national rate of 8.78 percent.
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