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"We are well-positioned to help both mortgage lenders and clients in auto lending, student lending, consumer finance, and social services receive this data with a level of speed and efficiency consistent with their need for real-time decisioning," said Jeff Knott, senior director of product management at Equifax Verification Services. "As an early advocate for the continuing acceptance and expansion of this technology, we're confident it will accelerate business while improving consumer satisfaction in a wide range of credit-decisioning scenarios." The credit bureau is headquartered in Atlanta and offers consumer and commercial information solutions. The company organizes and assimilates data on more than 500 million consumers and 81 million businesses worldwide. Illinois Idaho rank: 27 90+ Day Delinquency Rate Foreclosure Rate september 2012 1.91% 2.74% 7.1% year ago 2.32% 2.58% 8.7% percent point change -17.7% 6.3% -18.4% Top County AdAms CounTy 90+ Day Delinquency Rate Foreclosure Rate 1.47% 5.01% 1.73% 4.63% percent point change -15.1% IN THE NEWS 8.2% Top Core-Based statistical Area Burley, Id Foreclosure Rate september 2012 90+ Day Delinquency Rate 3.75% year ago 1.85% 2.43% percent point change 4.4% 54.3% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the September 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. rank: 4 Foreclosure Rate september 2012 2.44% 1.93% Illinois rank: 3 Unemployment Rate 6.35% 5.7% 90+ Day Delinquency Rate Foreclosure Rate september 2012 3.08% 6.26% 5.34% 6.8% 3.22% 19.0% 6.76% -16.2% -4.6% PIke CounTy 90+ Day Delinquency Rate Foreclosure Rate 2.73% 11.45% 11.58% year ago year ago 3.71% 9.64% 11.12% percent point change percent point change -14.1% -26.4% 18.7% Top Core-Based Statistical area 4.1% Top Core-Based Statistical Area Hilo, Hi 90+ Day Delinquency Rate 90+ Day Delinquency Rate Foreclosure Rate 3.85% 11.45% -14.1% 13.80% percent point change -15.7% 18.7% The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the September 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 106 9.92% 4.57% 9.64% percent point change note: Foreclosure Rate year ago year ago 3.69% LInCoLn, IL september 2012 september 2012 3.17% Foreclosure Rate september 2012 september 2012 3.69% -12.9% Top County Hawaii CounTy 3.17% 10.1% -7.4% Top County 90+ Day Delinquency Rate 8.8% percent point change percent point change -14.5% Unemployment Rate year ago year ago 2.86% 875 N. Michigan Suite 3100 Chicago, Il 60611 312-226-9915 (c) ar@reoelite.com www.reoelite.com year ago KNOW THIS Hawaii REO Team Leader A Division of Elite Properties Chicago september 2012 90+ Day Delinquency Rate Georgia's homeownership rate was 63.9% in Q3 2012, compared to a national rate of 65.5%, according to the U.S. Census Bureau. Angela Robinson Unemployment Rate note: -28.1% The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the September 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Experts Expound on Mortgage Servicing Rights in the Secondary Market Government agencies are seeing an increase in participation within the mortgage servicing space and are seeking to provide better insight into some of the new and growing players in the market, a panel of industry representatives told the audience at the Mortgage Bankers Association's annual conference and expo in Chicago in October. Dave Williams, VP and financial and planning analyst for Amerisave Mortgage Corp., said his firm had several reasons to become involved in servicing. To begin, it provides more independence. "In order to protect yourself, you want to have as much independence as possible," Williams said. Second, Williams said, as a servicer, companies gain advantages related to execution, with no time lost working through an additional third party. And third, it enables Amerisave to retain servicing income. Amerisave doesn't retain all of its servicing, Williams said, adding that maintaining the right balance of retained servicing is key. Fannie Mae has introduced new tools designed to aid servicers, according to Anthony Reed, an SVP with the GSE. "We have hordes of new applications," Reed said. Among them is one that enables sellers to efficiently perform data edits. Last month, Fannie Mae launched a new portal, which will provides a number of enhancements over the current portal, according to Reed. The GSE also introduced tools to help lenders recognize which are the acceptable servicers, helping them better evaluate those