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ยป saw the second biggest improvement after the rate fell 36.6 percent to 4.22 percent. Colorado ranked third for its 28.5 percent decrease to 2.69 percent. The state that led with the highest share of past due borrowers was Florida, where the delinquency rate was 11 percent. However, the state has seen its rate fall by 20.7 percent over the last year. Other states with notably high mortgage delinquency rates included Nevada (9.12 percent), New Jersey (6.93 percent), and Delaware (6.27 percent). North Dakota and South Dakota had the smallest rates of 1.37 percent and 1.63 percent, respectively. Out of the metro areas TransUnion observed, 91 percent posted annual decreases in their mortgage delinquency rate, up from 81.4 percent in the previous quarter. Of the 25 metro areas where the delinquency rate fell the furthest, 15 were in California, including San Jose (-44.3 percent), San Francisco (-39.2 percent), San Diego (-38.4 percent), and Sacramento (-36. percent). The credit bureau also reported newer mortgages are performing well and avoiding delinquency, with only 2.5 percent of mortgages originated in 2010 rolling into delinquency status within their first three years. Indiana 90+ Day Delinquency Rate Foreclosure Rate March 2013 2.8% IN THE NEWS Iowa rank: 25 90+ Day Delinquency Rate Foreclosure Rate March 2013 1.6% 2.5% 1.6% 2.9% -1.6% -13.7% 8.7% Top County 90+ Day Delinquency Rate Foreclosure Rate March 2013 2.9% 7.1% year ago 3.2% 7.6% year-over-year change -9.2% -6.1% Top Core-Based Statistical area ClInTon, Ia 90+ Day Delinquency Rate Foreclosure Rate March 2013 3.4% 4.3% year ago 2.8% 4.1% year-over-year change 20.2% 2.7% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. 90+ Day Delinquency Rate Foreclosure Rate March 2013 2.1% 8.2% 1.7% 2.2% 2.2% 6.1% Top County -2.9% 2.7% 2.3% 6.9% year ago 7.6% 3.3% year-over-year change 3.6% year-over-year change -9.6% Top Core-Based Statistical area -29.9% 16.4% Top Core-Based statistical Area ATChison, Ks Foreclosure Rate 90+ Day Delinquency Rate March 2013 Foreclosure Rate March 2013 6.0% 2.3% year ago 4.2% year ago 5.8% 3.3% year-over-year change 9.1% Foreclosure Rate 4.2% year ago 3.2% -3.4% Top County ATChison CounTy 90+ Day Delinquency Rate March 2013 3.5% 5.8% -22.8% SwITzerland CounTy 90+ Day Foreclosure Delinquency Rate Rate March 2013 90+ Day Delinquency Rate 5.6% year-over-year change -22.7% loganSporT, In Unemployment Rate year ago 4.4% -21.2% -9.3% FranklIn CounTy year-over-year change 3.4% 5.4% year-over-year change rank: 33 Unemployment Rate 3.4% -2.6% 4.9% year ago year ago 2.9% Unemployment Rate Kansas rank: 15 3.6% year-over-year change 3.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. -29.9% VISIT US ONLINE @ DSNEWS.COM 16.4% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the March 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary March 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. Seven in Kansas Charged with Mortgage Fraud Seven people based in Wichita, Kansas were charged for their alleged roles in a mortgage fraud scheme that involved the use of straw buyers and sellers, as well as false loan applications and documents submitted to lenders, U.S. Attorney Garry Grissom announced. The scheme caused lenders to lose more than $221,000, and victims included numerous banks and other institutions such as the Federal Housing Administration, the FDIC, and the GSEs. According to a release from the U.S. Attorney's Office in Kansas, Manjur Alam led the scheme and used straw sellers to buy homes and flip them to straw buyers. He recruited sellers from his homeland of Bangladesh. To attract straw sellers, he promised straw sellers quick and easy profits, while luring straw buyers with kickbacks. Even though Alam's real estate license was suspended, he acted as both the buyer and seller agent in purchases and falsely represented his wife as the realtor. Other defendants named in the case were Janice Young, Bruce Dykes, Christopher Ginyard, Henry Pearson Sr., Henry Pearson Jr., and Steven Pelz. Defendants in the case allegedly made false statements in their loan applications to qualify for mortgage loans. The defendants face a fine of up to $250,000 and maximum penalties ranging from 10 to 30 years in prison, depending on the charge. Industry Poll Finds Appraisers More Optimistic on State of Housing Even the usually "unmoved" appraiser community is starting to show confidence in today's housing climate, according to United States Appraisals. The Overland Park, Kansas-based company released the results of a recently completed survey, showing 54.7 percent of appraisers polled have "mildly or moderately strong" confidence in the housing market. Another 24.9 percent were neutral. 91