The Riskiest Cities for Homeowners

The rate of severe delinquencies can be more revealing than the rate of foreclosures for showing how many homeowners are at risk of losing their homes.

To find the 10 riskiest cities for homeowners, Forbes used data from Lender Processing Services, a Jacksonville, Fla.- based mortgage-industry service provider.

Of the 100 largest Metropolitan Statistical Areas in the U.S., these 10 cities ahead have the highest percentage of borrowers that are three months or more late on their mortgage payments.

(iStock Photo)

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The Riskiest Cit... The rate of severe delinquencies can be more revealing than the rate of foreclosures for showing how many homeowners are at risk of losing their homes.

To find the 10 riskiest cities for homeowners, Forbes used data from Lender Processing Services, a Jacksonville, Fla.- based mortgage-industry service provider.

Of the 100 largest Metropolitan Statistical Areas in the U.S., these 10 cities ahead have the highest percentage of borrowers that are three months or more late on their mortgage payments.

(iStock Photo)
10. Fresno, Cali... Metropolitan Statistical Area: Fresno, Calif.

Number of loans 90 or more days delinquent: 7,908

Percent of loans 90 or more days delinquent: 7.02%

Number of homes in foreclosure: 3,287

Percent of homes in foreclosure: 2.92%
9. Miami Metropolitan Statistical Area: Miami-Fort Lauderdale-Miami Beach, FL

Number of loans 90 or more days delinquent: 57,780

Percent of loans 90 or more days delinquent: 7.05%

Number of homes in foreclosure: 125,225

Percent of homes in foreclosure: 15.28%

(iStock Photo)
8. Memphis, Tenn... Metropolitan Statistical Area: Memphis, TN-MS-AR

Number of loans 90 or more days delinquent: 11,450

Percent of loans 90 or more days delinquent: 7.11%

Number of homes in foreclosure: 3,138

Percent of homes in foreclosure: 1.95%

(iStock Photo)
7. Orlando, Fla. Metropolitan Statistical Area: Orlando-Kissimmee, FL

Number of loans 90 or more days delinquent: 23,235

Percent of loans 90 or more days delinquent: 7.18%

Number of homes in foreclosure: 36,349

Percent of homes in foreclosure: 11.24%

(iStock Photo)
6. Vallejo, Cali... Metropolitan Statistical Area: Vallejo-Fairfield, CA

Number of loans 90 or more days delinquent: 5,007

Percent of loans 90 or more days delinquent: 7.60%

Number of homes in foreclosure: 2,430

Percent of homes in foreclosure: 3.69%

(iStock Photo)
5. Bakersfield, ... Metropolitan Statistical Area: Bakersfield, CA

Number of loans 90 or more days delinquent: 9,011

Percent of loans 90 or more days delinquent: 8.55%

Number of homes in foreclosure: 3,987

Percent of homes in foreclosure: 3.78%

(iStock Photo)
4. Modesto, Cali... Metropolitan Statistical Area: Modesto, CA

Number of loans 90 or more days delinquent: 6,529

Percent of loans 90 or more days delinquent: 8.83%

Number of homes in foreclosure: 3,224

Percent of homes in foreclosure: 4.36%

(AP Photo/Rich Pedroncelli)
3. Stockton, Cal... Metropolitan Statistical Area: Stockton, CA

Number of loans 90 or more days delinquent: 8,853

Percent of loans 90 or more days delinquent: 9.40%

Number of homes in foreclosure: 4,459

Percent of homes in foreclosure: 4.73%

(iStock Photo)
2. Riverside, Ca... Metropolitan Statistical Area: Riverside-San Bernardino-Ontario, CA

Number of loans 90 or more days delinquent: 62,158

Percent of loans 90 or more days delinquent: 9.71%

Number of homes in foreclosure: 30,816

Percent of homes in foreclosure: 4.81%

(iStock Photo)
1. Las Vegas Metropolitan Statistical Area: Las Vegas-Paradise, NV

Number of loans 90 or more days delinquent: 33,985

Percent of loans 90 or more days delinquent: 9.86%

Number of homes in foreclosure: 29,991

Percent of homes in foreclosure: 8.70%

(iStock Photo)
Most Affordable ... Click here to see the most affordable cities to buy a home.