DS News - Digital Archives

August, 2012

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Kannapolis, Fayetteville, and Wilmington. Together, those agencies serve a total of 46 counties across North Carolina and provide free counseling services to help people save their homes from foreclosure. "Every day, Realtors help people to achieve the American dream of homeownership," said Lou Baldwin, 2012 NCAR president. "When times are tough, as they have been during this economic downturn in our state and nation, Realtors want to help people to hold on to that American dream." Each fellowship recipient will use the money to provide programs to their service counties:. Northwestern Regional Housing Authority in Boone will use an NCAR Foreclosure Prevention Fellowship stipend to pay for and publicize an 800 number to provide services to their area. Consumer Credit Counseling of Greater Greensboro will conduct at least one foreclosure prevention clinic a month in its outlying counties. Prosperity Unlimited in Kannapolis will use money from the fellowship to provide in-depth counseling to foreclosure clients on budget techniques, cash flow analysis, bankruptcy, and other methods to help homeowners. Cumberland Community Action Program /Consumer Credit Counseling of Fayetteville will use the fellowship money to hold two outreach sessions a month in rural counties. Cape Fear Regional Community Development Corporation in Wilmington will use the fellowship to redesign its outdated website in order to more effectively promote its foreclosure prevention and other services. North Dakota Oklahoma 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 rank: 50 0.65%1.19% 3.0% year ago 0.74%1.17% 3.5% 2.36%3.03% 5.9% percent point change percent point change -12.0%1.9%-14.3% -4.3% 8.8%-18.6% Top County Top County RANSOM COUNTY 90+ Day Delinquency Rate 90+ Day Delinquency Rate Foreclosure Rate ADAIR COUNTY Foreclosure Rate may 2012 may 2012 1.47%2.56% 2.99%7.16% year ago year ago 1.88%2.27% 4.73%7.12% percent point change percent point change -21.7%13.0% -36.7%0.5% Top Core-Based Statistical Area Top Core-Based Statistical Area FORT SMITH, AR-OK 90+ Day Delinquency Rate may 2012 GRAND FORKS, ND-MN 90+ Day Delinquency Rate Foreclosure Rate may 2012 Foreclosure Rate 2.00%5.87% 0.78%1.57% year ago year ago 0.93%1.35% 2.35%4.89% percent point change percent point change -15.7%17.0% -14.9%19.9% 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 May 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary May 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 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 May 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary May 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Oklahoma Ohio rank: 10 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 3.59%4.95% 7.3% year ago 3.71%4.81% 8.8% PAT SLACK percent point change -3.3% 2.8%-17.0% Top County HIGHLAND COUNTY 90+ Day Delinquency Rate may 2012 Foreclosure Rate RE/MAX PROS 405.722.3636 405.476.7653 patslack@remax.net CRS 4.51%7.79% year ago 4.81%5.80% IN THE NEWS percent point change -6.3%34.2% 100 2.26%3.30% 4.8% year ago Waccamaw Bank Is First North Carolina Seizure of the Year Waccamaw Bank in Whiteville, North Carolina, was announced as the first North Carolina bank to go under this year. First Community Bank of Bluefield, Virginia, will assume all of Waccamaw Bank's $472.7 million in deposits and $515.3 million of the bank's $533.1 million in assets. The FDIC will hold onto the remaining assets from the failed lender for later disposition. The FDIC expects to be out $51.1 million as a result of the North Carolina bank's closing. rank: 23 Top Core-Based Statistical Area YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 90+ Day Foreclosure Delinquency Rate Rate may 2012 4.27%6.90% year ago 4.33%6.88% percent point change -1.4%0.2% 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 May 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary May 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Real Estate Auction Veterans Found New Company Real estate auction veterans Larry Latham and Stephen Karbelk, CAI, AARE announced the launch of AmeriBid, their new global real estate auction company. Headquartered in Tulsa, Oklahoma, AmeriBid will manage the sale of commercial, residential, and agricultural properties nationwide

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