Although the rate of foreclosures was lower last month, overall residential loan performance still deteriorated -- though delinquency remains lower on a year-earlier basis.
Delinquency of at least 30 days, including loans in foreclosure, was 9.09 percent as of Sept. 30.
The total rate deteriorated from the end of the previous month, when 30-day delinquency landed at 8.86 percent.
But compared to a year earlier, 30-day mortgage delinquency has fallen 218 basis points.
The home loan performance statistics were delivered by Lender Processing Services Inc.
The total number of delinquent loans rose to 4,593,000 from 4,465,000 in July. At the same point last year, 5,640,000 home loans were past due.
LPS said that Florida, Mississippi, New Jersey, New York and Maine all maintained their standings as the five states with the worst levels of delinquency during September.
Last month's best performance was in the states of Wyoming, Montana, Alaska, South Dakota and North Dakota.
Included in September's total delinquency rate was a 30-day rate, excluding foreclosures, of 6.46 percent, worsening from 6.20 percent a month earlier. The 30-day rate was 7.40 percent as of Sept. 30, 2012.
The foreclosure pre-sale inventory rate, however, fell 3 BPS to 2.63 percent and was down 124 BPS on a year-over-year basis.