More bad news from First American CoreLogic. The number of Tampa Bay residential mortgages more than 90 days late grew to 16.67 percent in January. The problem isn't just the new non-payers, but lenders' inability to purge longer-term non-payers from their balance sheets:

Tampa-St. Petersburg-Clearwater, FL	90+ Day Delinquency Rate	Foreclosure Rate	REO Rate
January 2010	16.67%	9.77%	0.49%
December 2009	15.97%	9.36%	0.49%
November 2009	15.27%	8.96%	0.50%
October 2009	14.73%	8.75%	0.49%
September 2009	14.21%	8.45%	0.49%
August 2009	13.60%	8.23%	0.41%
July 2009	12.94%	7.96%	0.42%
June 2009	12.56%	7.72%	0.49%
May 2009	12.13%	7.47%	0.49%
April 2009	11.70%	7.14%	0.51%
March 2009	11.17%	6.76%	0.53%
February 2009	10.84%	6.32%	0.60%
January 2009	10.38%	5.98%	0.62%

Source: First American CoreLogic.