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Georgia rank: 31 90+ Day Delinquency Rate Foreclosure Rate november 2012 4.16% Unemployment Rate 2.01% 8.5% year ago 4.51% 2.90% 9.5% percent point change -7.9% -30.8% -10.5% Top County Heard CounTy 90+ Day Delinquency Rate Foreclosure Rate november 2012 4.63% 4.11% year ago 4.80% 4.44% percent point change -3.5% -7.5% Top Core-Based Statistical area THomaSTon, Ga 90+ Day Delinquency Rate Foreclosure Rate november 2012 6.31% 3.29% year ago 6.46% 2.96% percent point change -2.3% 11.2% 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 November 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary November 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Georgia sign and submit 4506-T forms to request tax transcripts for verifying a prospective borrower's income. The IRS began accepting e-signatures on 4506-T forms January 7. Equifax announced its new enhancement allows a lender to send a request form to the loan applicant for a signature using DocuSign. This eliminates the need for the lender to collect the signature separately and upload the signed document. Equifax then processes the request to create a paperless transaction that authorizes the distribution of tax information to the lender. Equifax clients will continue to have the option of submitting manually signed forms. DocuSign is able to fulfill the IRS' requirements for an e-signature platform by delivering secure authentication through Single Sign On (SSO), consumer consent via a one-page consent form, a separate audit trail, and tamper proof documents. "The 4506-T is a required document in virtually all mortgage lending scenarios, and has long been the last remaining document in a mortgage loan application that could not be electronically signed," said Jeff Knott, senior director of product management at Equifax. rank: 4 90+ Day Delinquency Rate Foreclosure Rate november 2012 2.60% Unemployment Rate 5.94% 5.3% year ago 2.92% NANCIE LYONS 5.70% 6.7% percent point change c: 828.361.0003 www.nancielyons.com nancie@nancielyons.com -11.1% 4.2% -20.9% Top County Hawaii CounTy 90+ Day Delinquency Rate MEMBER Foreclosure Rate november 2012 3.47% 10.61% year ago IN THE NEWS 3.72% 10.35% percent point change Equifax, DocuSign Team Up on E-Signatures Atlanta-based Equifax and San Francisco's DocuSign joined forces in an effort to help the IRS accelerate the processing of 4506-T forms. The companies are working to make it easier, faster, and more secure for individuals and businesses to electronically 108 -6.8% 2.4% Top Core-Based Statistical area Hilo, Hi 90+ Day Delinquency Rate Foreclosure Rate november 2012 3.47% 10.61% year ago 3.72% 10.35% percent point change -6.8% note: rank: 26 90+ Day Delinquency Rate Foreclosure Rate november 2012 1.95% Unemployment Rate 2.56% 6.8% year ago 2.24% 2.62% 8.5% percent point change -13.0% -2.3% -20.0% Top County LInCoLn CounTy 90+ Day Delinquency Rate november 2012 5.23% Foreclosure Rate 4.47% year ago 6.17% 5.30% percent point change -15.3% -15.7% Top Core-Based Statistical Area 90+ Day Delinquency Rate BurLey, ID Foreclosure Rate november 2012 1.98% 3.73% year ago 1.86% 2.56% percent point change 6.5% 46.0% 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 November 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary November 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. IN THE NEWS Hawaii Nancie Lyons Realty Idaho 2.4% 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 November 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary November 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. DocuTech Announces Leadership Role in Mortgage Initiatives In November 2012, the Consumer Financial Protection Bureau (CFPB) announced the launch of Project Catalyst to promote consumer-friendly innovation. The program is designed to involve mortgage executives in testing new disclosure forms. To help with the agency's effort to consolidate and streamline the industry into efficiency, DocuTech is leading a response from lenders to the CFPB. The CFPB is in the process of drafting new mortgage disclosure forms that outline the expected closing costs and terms of the mortgage for consumers. The undertaking has kept the agency busy for the past 18 months, and to make sure they are heading in the right direction, the agency has asked banks, credit unions, and other financial services companies to propose and conduct trial disclosure programs. Idaho-based DocuTech is stepping in