Today, Lender Processing Services, Inc. released its “first look” report which showed that the delinquency rate for the month of August fell 2.3 percent compared to July. In addition, the August delinquency rate was 10.6 percent below levels from 12 months ago, according to the report. These statistics were derived from Lender Processing Services’ loan-level database representing approximately 70 percent of the overall market.

According to the Florida-based mortgage and real estate data and analytics provider, there were approximately 3.43 million properties that are 30 or more days past due, but not in foreclosure. There were also 1.52 million properties that are 90 days or more delinquent, but not in foreclosure. For those properties that were 30 or more days delinquent but not in foreclosure, that number was 5.45 million.

The bad news in the Empire State is that New York is still one of the top five states in the nation with the highest percentage of non-current loans (a combination of foreclosures and delinquencies as a percent of active loans in that state). Rounding out the list are Florida, Mississippi, New Jersey and Nevada. States with the lowest percentage of non-current loans include Montana, Arkansas, South Dakota, Wyoming and North Dakota.

A more detailed version will appear in LPS’ monthly Mortgage Monitor report, which is scheduled to be released on October 2.