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Utah rank: 39 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 2.76%1.95% 6.0% year ago 3.00%2.06% 6.9% percent point change -7.9% -5.7%-13.0% Top County 90+ Day Delinquency Rate IRON COUNTY Foreclosure Rate may 2012 3.57%3.65% year ago 3.94%3.38% percent point change -9.4%8.0% Top Core-Based Statistical Area ST. GEORGE, UT 90+ Day Delinquency Rate Foreclosure Rate may 2012 2.73%2.66% year ago 3.72%3.26% percent point change -26.7%-18.3% 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 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. Utah Sterling Castle Realty, Inc Sterling Barton, Broker 801-692-1080 sbarton@sterlingcastlerealty.com The SEC's complaint names Wayne L. Palmer and his firm, National Note of Utah, LC, both based in West Jordan, Utah. According to the complaint, Palmer told investors he would use their money to buy mortgage notes and real estate assets or to make real estate loans and promise them returns of 12 percent annually. The SEC alleged that more than 600 investors nationwide lost a total of approximately $100 million. "Palmer promised double-digit returns at his real estate seminars, where investors learned the hard way about his lies and deceit," said Kenneth Israel, director of the SEC's Salt Lake City regional office. According to the complaint, Palmer told investors that their money would be secure and that National Note had a perfect record with no missed payments of principal or interest on its promissory notes. Marketing materials provided to investors showed that National Note returns stayed solid and said that investors were guaranteed payment even if property owners missed payments on mortgage loans the firm held. The SEC alleged that National Note actually used most of the money from new investors to pay earlier investors. It said that since 2009, the firm would not have lasted without the influx of new investor funds, and payments to investors mostly stopped in October 2011. In the complaint, the SEC said Palmer reassured victims that their money was forthcoming and continued to solicit new investors without disclosing the fact it was delinquent in making payments to existing investors. The SEC's complaint charges National Note and Palmer with violating the antifraud and securities registration provisions of United States securities laws. In addition, Palmer faces charges of operating as an unregistered broker-dealer. information regarding comparable properties selected by the agent. "This integration significantly improves our agents' productivity by dramatically reducing data entry when performing valuations," said Lorenz Schwarz, COO of GRC. "Adopting Realty Pilot's technology will advance the functionality of our existing systems, providing greater reporting capabilities and improved process transparency. Furthermore, this development allows IVS to streamline operations and expand its valuation product offerings to address the changing needs of our clients and the industry as a whole." GRC is an REO asset management and loss mitigation provider with headquarters in West Valley, Utah. Realty Pilot provides a suite of automated solutions to the real estate market, including integrated nationwide MLS data. STAT INSIGHT Increase in Utah's single-family home prices in May compared to a year earlier. Source: CoreLogic Vermont rank: 18 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 1.63%3.78% 4.6% year ago 1.55%3.18% 5.6% percent point change 4.8% 18.9%-17.9% Top County ORLEANS COUNTY 90+ Day Delinquency Rate may 2012 Foreclosure Rate 2.64%6.22% IN THE NEWS SEC Charges Utah Man, Firm with Fraud for Alleged Ponzi Scheme The Securities and Exchange Commission (SEC) obtained a temporary restraining order and asset freeze against a Utah man and company charged with operating a Ponzi scheme. 106 Green River Capital Partners with Realty Pilot Green River Capital (GRC) recently announced it entered into an agreement with Phoenix-based Realty Pilot in order to enhance the platform used by GRC's valuation unit. Agents working for GRC's valuation unit, Infinity Valuation Services (IVS), now have access to multiple listing service (MLS) data directly through IVS' online platform, which automatically fills data input fields with year ago 2.07%4.38% percent point change 27.6%42.0% Top Core-Based Statistical Area BURLINGTON-SOUTH BURLINGTON, VT 90+ Day Foreclosure Delinquency Rate Rate may 2012 1.30%2.70% year ago 1.24%2.20% percent point change 4.2%23.2% 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.