According to a new report released from CoreLogic, foreclosure rates in the greater Orlando metropolitan fell in February compared to February 2014. The rate of Orlando-area foreclosures among outstanding mortgage loans was 3.1 percent for February, a decrease of almost 3 percent compared to February 2014, when the rate was 6.09 percent. However, even with the decrease, foreclosure activity in the Orlando region was higher than the national foreclosure rate of 1.43 percent for February.
