The national 30-day delinquency rate improved by 2% in October over September and by nearly 15% compared to a year ago, according to a new "first look" report from Lender Processing Services, Jacksonville, Fla.

October's loan delinquency rate ended the month at 7.93%, compared with 8.09% in September. (On Thursday the Mortgage Bankers Association reported that delinquencies fell to 7.99% at Sept. 30.)

However, the foreclosure pre-sale inventory rate increased to 4.29% at the end of October, up about 3% from September, LPS found.

The analytics firms said there are nearly 4.1 million properties where the borrower is at least 30 days late on their payments. The foreclosure inventory stands at 2.2 million units.

The states with the highest percentage of late mortgages include: Florida, Mississippi, Nevada, New Jersey and Illinois. States with the lowest include:  Montana, Wyoming, South Dakota, Arkansas and North Dakota.

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