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Bank of America Donates Homes to Habitat for Humanity Bank of America has teamed with Habitat for Humanity to make sure that Americans having a hard time making it will have one more option for affordable housing. The bank will donate up to 2,000 vacant properties for renovation or reconstruction over the next three years. This is the largest one-time donation the nonprofit has ever received. "These donations can make a dramatic difference for so many Habitat affiliates, increasing their suitable property inventory. Habitat can repair and rehabilitate vacant houses where appropriate and build new houses where necessary, partnering with lowincome families in need of affordable housing. Neighborhoods will be healthier, families will be able to build on a strong foundation of stable homes, and entire communities will benefit from inviting and thriving places to live," said Jonathan Reckford, CEO of Habitat for Humanity International, in a release. This is the latest example of Bank of America's charitable giving. The bank has made grants totaling $22 million to nonprofits through its Bank of America Charitable Foundation, including $3 million to Habitat for Humanity International and its affiliates. Not only will Bank of America donate the homes for the organization, but it will also pitch in for the demolition costs associated for any home razed to make way for new construction. "Habitat and Bank of America share a mission of providing families in need of affordable shelter with the opportunity to enjoy the benefits of homeownership," said D. Steve Boland, national mortgage outreach executive for Bank of America, in a statement. "This initiative makes affordable homes available in partnership with the families at the same time that it combats neighborhood blight that may occur around vacant properties and helps to stabilize and revitalize communities." A portion of the properties donated by Bank of America will be included in the bank's recent commitment to make up to 1,000 properties available to nonprofit organizations providing housing opportunities for military veterans, and others will be targeted to provide relief for families affected by disasters, according to the statement. 120 North Dakota Oklahoma 90+ Day Delinquency Rate 90+ Day Delinquency Rate rank: 17 rank: 49 Foreclosure Rate november 2012 0.62% Unemployment Rate 0.93% 3.1% Foreclosure Rate november 2012 2.29% 3.14% 1.07% 3.4% 2.34% 3.03% -12.8% -8.8% -2.1% 3.6% 90+ Day Delinquency Rate 90+ Day Delinquency Rate Foreclosure Rate 3.15% 2.45% 9.94% 3.65% 3.08% 8.83% percent point change percent point change -25.7% -13.7% -20.5% Top Core-Based statistical area 12.5% Top Core-Based Statistical Area MCAleSTer, OK WahpeToN, ND-mN 90+ Day Delinquency Rate 90+ Day Delinquency Rate Foreclosure Rate 2.13% 1.26% 2.36% 1.24% -9.7% 1.7% 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. Ohio rank: 12 90+ Day Delinquency Rate Foreclosure Rate november 2012 3.20% Unemployment Rate 3.75% 6.8% year ago 3.40% 4.47% 8.1% percent point change -5.9% -16.0% -16.0% Top County MahOning COunTy 90+ Day Delinquency Rate november 2012 4.26% Foreclosure Rate 6.47% year ago 4.46% 7.61% percent point change -4.5% 5.70% percent point change percent point change -30.9% 6.07% year ago year ago 0.97% Foreclosure Rate november 2012 november 2012 0.67% Foreclosure Rate year ago year ago 0.84% AdAir COunTy november 2012 november 2012 0.63% -17.5% Top County Top County RaNsom CouNTy 6.3% percent point change percent point change -21.2% 5.2% year ago year ago 0.79% Unemployment Rate 6.5% 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 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. OK REO We handle every phase of the REO process from eviction to closing. Our large staff enables us to market 600 REO properties a year. Only certified REO broker in Oklahoma. Grand Centurion Award Winner for 6 Years! Founding member of USREOP. -14.9% Top Core-Based Statistical area BuCyruS, Oh 90+ Day Delinquency Rate Foreclosure Rate november 2012 4.07% 5.92% year ago 5.04% 6.93% percent point change -19.4% note: -14.6% 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. MARY BERRY CRS, e-Pro, CRB, GRI, CEI, CREO, CDPE Broker/Owner 405.631.2500 8524 S. Western, Ste, 102. Oklahoma City, OK 73139 reo21allpro@aol.com FOUNDING MEMBER FOUNDING MEMBER