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» Colorado rank: 48 90+ Day Delinquency Rate Foreclosure Rate January 2013 1.67% Unemployment Rate 1.05% 7.3% year ago 2.04% 1.64% 8.3% year-over-year change -18.1% -35.7% -12.0% Top County Las animas CounTy 90+ Day Delinquency Rate Foreclosure Rate January 2013 2.80% 4.06% year ago 3.16% 2.66% year-over-year change -11.3% 52.6% Top Core-Based statistical area monTrose, Co 90+ Day Delinquency Rate Foreclosure Rate January 2013 1.98% 1.95% year ago 1.94% 3.17% year-over-year change 1.7% -38.4% 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 January 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary January 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Colorado Re/Max Alliance & The Haas Team ZAC BROWN 303-456-7790 Direct || 303-619-4803 Cell www.zacbrownrealestate.com www.thehaasteam.com zaclbrown@aol.com IN THE NEWS MountainView Releases Enhanced Comparative SRP Analysis, Oversees Large MSR Portfolio Sale MountainView Servicing Group, a leading provider of residential mortgage servicing rights (MSRs) sale and valuation advisory services, announced the release of its Enhanced Comparative SRP Analysis for secondary marketing. The new service provides loan-level net execution levels for a Fannie Mae, Freddie Mac, or Ginnie Mae seller's existing and potential servicing released options, accounting for all of the necessary adjustments that take place in and outside of servicing released premium pricing grids. In doing the analysis, MountainView also compares these pricing levels to a servicer's retained economics and to additional flow and bulk MSRs available in the marketplace. Estimated execution levels are based on the most recent market activity. MountainView has been marketing between two and four bulk servicing portfolios each month, according to a company release. "With the number of servicing released outlets increasing by the day, we want to make sure our clients are obtaining best execution for their servicing in a way that also allows them to manage their cash flows and operations effectively," explained Matthew Maurer, managing director at MountainView. "Recent analysis has proven that a lot of direct sellers are not taking advantage of the improved pricing we are seeing in the marketplace. And, as volumes drop and margins tighten, there is no better time than now to make sure you are getting that last 10 to 15 basis points out of each loan." The company also announced it is managing the sale of two MSR portfolios totaling $369 million. One loan contains $237 million of total unpaid principal balance (UPB) and another $132 million of total UPB. According to a company release, the $237 million portfolio contains 100 percent fixed-rate and 100 percent first-lien products with an average credit score of 770, an average original loan-to-value (LTV) ratio of 66.4 percent, and an average loan size of $322,682. The $132 million portfolio contains 95 percent fixed-rate and 100 percent first-lien products, with an average original credit score of 684, average original LTV of 83.8 percent, and average loan size of $78,519. The portfolio has a 5.88 percent average interest rate, 0.323 percent average servicing fee, and 30 percent delinquency, making it more suitable for high-touch servicers. "These sellers are taking advantage of the strong demand we are seeing in the MSR market," said Robert Wellerstein, managing director at MountainView, in a release. "Our recent bulk offerings have averaged five bids, and we expect that number to grow over the upcoming months." Headquartered in Denver, MountainView is a wholly owned subsidiary of VISIT US ONLINE @ DSNEWS.COM MountainView Capital Holdings and has been a residential mortgage servicing rights sale and valuation advisor since 1989. RE/MAX Sees Increase in Transactions and Prices, Sales Volume in 2012, Inventory Drops RE/MAX agents in the United States recorded nearly 840,000 transaction sides last year—a 12 percent increase over 2011, the agency reported. RE/MAX saw major growth in business as the housing recovery got into full swing, with agents reporting $165 billion in U.S. sales volume, up 18 percent year-overyear. Worldwide, the entire network saw 1.3 million transaction sides (up 8.4 percent from 2011) and $296 billion in sales volume (up 10.1 percent). More notably, individual productivity within the RE/MAX network rose 15 percent to an average of 16.3 transaction sides per agent. "For several years in a row, RE/MAX agents have averaged more sales than other agents. Again in 2012, RE/MAX agents closed more real estate deals than agents with any other brand," said RE/MAX CEO Margaret Kelly. "It's clear that the advanced tools and technology resources RE/MAX offers makes our agents the best prepared to assist home buyers and sellers in this recovering market," she added. Commercial sales performance also picked up, with nearly 440 commercial offices reporting 8.4 percent growth in transactions and an average 17.4 percent growth in sales volume. In addition, the Denver-based franchisor reported franchise sales growth in 2012. RE/ MAX added 739 new franchises and six new countries, including mainland China. As of the end of 2012, 89 countries had RE/MAX franchises. RE/MAX also earned some industry recognition in 2012. For the 10th time in 14 years, the company was recognized as the No. 1 real estate franchisor in Entrepreneur magazine's 34th annual "Franchise 500." In addition, RE/MAX earned the top real estate ranking in the Franchise Times Top 200 survey for the fourth year in a row. Last year also saw the launch of a redesigned Remax.com, a consumer-facing website designed to provide users with a personal, consistent web experience across desktops, tablets, and smartphones. 83

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