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.)

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