Southern California’s late mortgage payments at pre-recession lows
Housing’s foreclosure crisis is far in the rear-view mirror as the number of Southern Californians skipping the monthly house payment has dropped to pre-recession lows. CoreLogic reports 2.5 percent of mortgaged homes in Los Angeles and Orange counties were late in May vs. 2.8 percent a year earlier. That’s the lowest since May 2007. L.A.-O.C….