DS News - Digital Archives

August, 2012

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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VISIT US ONLINE @ DSNEWS.COM opportunities within their database to target the right customers at the right time," Blatt continued. "The new FHA legislation is just one example of the type of targeted marketing opportunities that Mortgage Returns can identify and execute on our loan officers' behalf." Mortgage Returns provides full-service customer relationship management (CRM) and automated marketing solutions to help mortgage originators maximize profitability from clients, prospects, and referral partners. Montana Nevada 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 rank: 44 1.27%1.82% 6.3% rank: 8 6.91%5.15% 11.6% year ago year ago 1.62%2.09% 6.9% 6.85%7.39% 13.7% percent point change percent point change -21.5%-12.8% -8.7% 0.9% -30.3%-15.3% Top County Top County FLATHEAD COUNTY 90+ Day Delinquency Rate NYE COUNTY Foreclosure Rate 90+ Day Delinquency Rate Foreclosure Rate may 2012 may 2012 1.57%3.09% 5.56%6.48% year ago year ago 2.44%4.15% 5.53%7.43% STAT INSIGHT 13,278 Missouri properties with a foreclosure filing during the first half of the year. Source: RealtyTrac Driven by the inDustry, for the inDustry percent point change percent point change -35.4%-25.6% 0.6%-12.8% Top Core-Based Statistical Area Top Core-Based Statistical Area MISSOULA, MT Foreclosure Rate may 2012 LAS VEGAS-PARADISE, NV 90+ Day Foreclosure Delinquency Rate Rate may 2012 1.32%1.69% 7.89%5.59% 90+ Day Delinquency Rate year ago year ago 1.65%1.87% 7.83%8.21% percent point change percent point change -19.7%-10.1% 0.9%-31.9% 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. rank: 49 90+ Day Foreclosure Unemployment Delinquency Rate RateRate may 2012 1.81%1.34% 3.9% year ago 1.82%1.44% 4.5% percent point change -0.3% -6.9%-13.3% Top County Foreclosure Rate 1.65%2.84% year ago 2.49%0.56% percent point change -33.8%410.1% Top Core-Based Statistical Area SIOUX CITY, IA-NE-SD 90+ Day Foreclosure Delinquency Rate Rate may 2012 1.54%1.63% year ago 1.50%1.69% Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. percent point change 2.6%-3.5% 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. IN THE NEWS Nebraska MERRICK COUNTY 90+ Day Delinquency Rate may 2012 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. Las Vegas Home Sales Highest in Six Years Las Vegas-area home sales rose to a six-year high for the month of May as the number of transactions above $200,000 increased sharply from last year, making up for fairly flat sales of lower-cost properties that have characterized the market in recent history, according to DataQuick. With foreclosure resales at their lowest level since late 2007, the median sale price of homes in the Las Vegas metro rose above a year earlier for the second consecutive month, reaching a 17-month high at $122,000. In May, 4,829 new and resale houses and condos closed escrow in the Las VegasParadise metro area. The monthly tally is up 6.1 percent from a revised 4,550 in April and up 5.7 percent from 4,570 sales in May 2011. Sales of existing homes were up 5.1 percent from the prior month and up 2.8 percent year-over-year. Resales were 29.1 percent above average for the month of May. In May, 583 newly built homes were sold, representing a 32.8 percent year-over- 95

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