Nassau and Suffolk lead the state in percentage growth of delinquent subprime mortages, according to a recent report from NeighborWorks America, a national nonprofit focused on community revitalization.
Delinquent loans increased 5.09 percent between December 2005 and December 2006, according to the report, citing statistics from First American LoanPerformance. Some 11.7 percent of subprime borrowers on Long Island were at least 60 days late in their payments.
Homeowners who are having trouble paying their mortgage can call NeighborWorks America's toll-free foreclosure prevention hotline 888-995-HOPE for round-the-clock counseling. You can also be connected to counselors on Long Island.