The Mortgage Bankers Association reported December 9 that foreclosure inventory was down 1/10 of 1 percent (10 basis points) since the same quarter last year to the lowest level since 2000. Mortgage delinquency rates and loans entering foreclosure were also down since the same quarter of 2003. Foreclosure inventory for subprime loans was down a more substantial 1.67 percent (167 basis points) though delinquency rates in the subprime category were up 35 hundredths of a percent (45 basis points).