The foreclosure rate for greater Los Angeles fell in April, declining from 2.55% last year to 1.34%, the Los Angeles Times reported.

The published rate reflects the percentage of outstanding mortgages in some stage of foreclosure within the LA-Long Beach-Glendale area.

The number of loans 90 days or more past due also declined from 6.6% last year to 4.43% in the most recent report.