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Florida Florida rank: 1 90+ Day Delinquency Rate Foreclosure Rate May 2013 3.4% Unemployment Rate 10.0% 7.1% year ago 4.0% 13.8% 8.8% year-over-year change -15.6% -27.3% -19.3% Top County OkeeChObee COunTy 90+ Day Delinquency Rate Adriana M Aleman, MBA Florida Dreams Realty Group aaleman@floridadreamsrealty.com Cell 321 689 6258 www.floridadreamsrealty.com Foreclosure Rate May 2013 MEMBER 4.9% 14.3% year ago 4.0% 18.7% year-over-year change 23.2% Top Core-based Statistical Area OkeeChObee, FL 90+ Day Delinquency Rate Foreclosure Rate May 2013 4.9% 4.0% 18.7% year-over-year change -23.6% 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 May 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary May 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. W W W . S U N C R E S T F L . C O M TA M PA - O R L A N D O - J U P I T E R PERFORMANCE SNAPSHOT » 25% Market Share » Over 1,800 Closed Transactions (513 + Annually) » 99% Cash for Keys Success Rate » BPO Turn Time: 24 Hours » 95%-98% Sales Price to BPO » 58 DOM – List to Closed » 4% Fallout Rate » $250,000 Property Preservation / Rehab Funds » Experts in HOA Communications » Hedge Funds, Corporate Entities & More Mary Cubelo-Hinton / Broker 407.876.3615 mcubelo-hinton@suncrestfl.com 78 Former DocX Exec Sentenced to 5 Years for Robo-Signing 14.3% year ago 23.2% IN THE NEWS -23.6% A past president from DocX LLC was sentenced to five years in prison for her role in a scheme involving more than one million fraudulently signed and notarized mortgagerelated documents, the Justice Department announced. U.S. District Judge Henry Lee Adams Jr. in the Middle District of Florida handed the sentence to Lorraine Brown, who also served as an executive of Lender Processing Services Inc. (LPS). DocX was a former subsidiary of LPS before closing in 2010. Brown first pleaded guilty to conspiracy to commit mail and wire fraud in November 2012. In addition to her prison sentence, she was ordered to pay $15,000. DocX once served the mortgage servicing industry by assisting in creating and executing foreclosure-related documents. While only specific employees at DocX were authorized by clients to sign certain documents, the Justice Department says unauthorized employees—under the direction of Brown and others—fraudulently signed documents using the signatures of authorized personnel. Nationwide Title Clearing Encourages Adoption of eRecording As the industry continues to adapt to new regulations and best practices, electronic recording, or eRecording, is taking hold as a way to streamline the records process and free up resources at lending and servicing offices, according to Palm Harbor, Florida-based Nationwide Title Clearing, Inc. (NTC). The volume of documents recorded electronically by NTC over the past year has grown from 10 percent to 45 percent. "Electronic recording simplifies the process all around," said John Hillman, CEO of NTC. "Our industry needs uniformity and will benefit greatly by adopting technology that helps protect our nation's land records, the mortgage industry, and homeowners alike," Hillman added. Electronic recording takes less time that filing with traditional, paper documents, according to NTC, and this frees up staff, allowing them to tend to "important issues, such as compliance to the latest wave of regulations and improving accuracy." Another major benefit of eRecording is the reduced risk of document loss during the records process. They are scanned and emailed, providing accelerated results, reduced cost, and increased security. According to NTC, 840 jurisdictions have approved eRecording for mortgage documents thus far. The company stated that it "recognizes the need for widespread adoption and hopes to see universal eRecording in the not too distant future." Georgia rank: 31 90+ Day Delinquency Rate Foreclosure Rate May 2013 3.3% Unemployment Rate 1.9% 8.3% year ago 4.1% 2.8% 9.1% year-over-year change -19.0% -32.8% -8.8% Top County Wilkinson CounTy 90+ Day Delinquency Rate May 2013 6.1% Foreclosure Rate 4.3% year ago 5.4% 2.5% year-over-year change 13.1% 70.1% Top Core-Based statistical Area ThomAsTon, GA 90+ Day Delinquency Rate Foreclosure Rate May 2013 4.6% 3.1% year ago 6.0% 3.6% year-over-year change -23.1% -15.8% 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 May 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary May 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics.