One out of four Florida home mortgages is in foreclosure or delinquent.

The third quarter report from the Mortgage Bankers Association brings almost too much precision to the picture of the foreclosure crisis.

Nationwide, more than 4 million home mortgage borrowers are behind on their payments.

In Florida, we have 441,440 home loans in foreclosure and 422,036 that are delinquent.

The Florida foreclosure rate is the highest in the nation. And the combination of the foreclosure and delinquency rate is also the highest.

A total of 12.18 percent of home mortgages in Florida are delinquent and 12.74 are in foreclosure.