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likewise, as the initial 1003 and Truth in Lending defects improved from 2011 to 2012, disclosures required by FHA got worse in the same period." These defects increased from 10.87 percent in 2011 to 12.82 percent in 2012, and although regulatory compliance improved on the origination and retail side of mortgage banking, the amount of errors still grossly outnumber the mistakes made on the credit risk and valuation end of mortgage banking. "Once mortgage lenders push aggressive pre-funding compliance programs down to the mortgage loan originators, the compliance numbers will continue to be high," Duncan predicts. STAT INSIGHT -25.2% Decline in number of homes on the market in Nashville from July 2012 to July 2013. Your best choice "Experience is the Difference" Servicing all of Central Texas rank: 41 Foreclosure Rate June 2013 Unemployment Rate 1.2% 6.5% year ago 2.4% 1.6% 7.0% year-over-year change -8.7% -28.7% -7.1% Top County 90+ Day Delinquency Rate Camp CounTy Foreclosure Rate June 2013 1.1% 2.9% year ago 1.2% 2.3% » All Licensed Real Estate Team Approach » REO Sales Experts » BPOs » In-House Legal Department » Oversee Trash Outs » Cash For Keys » Evictions » Bids & Repairs year-over-year change -9.6% 30.7% Top Core-Based Statistical area Bonham, TX 90+ Day Delinquency Rate Foreclosure Rate www.HouseGals.com Michelle Sheehan, Broker 512-251-4950 (Direct Line) HouseGals@gmail.com June 2013 2.4% 2.4% year ago 2.7% 2.9% year-over-year change -10.3% -17.6% 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 June 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. 138 It's why Samantha Roper is the person for your RE and REO needs. Serving: San Antonio, Bexar, Comal, and Guadalupe Counties SamanthaInc Roper, Broker Team 21 Asset Mgmt, Better Homes & Gardens RE IN THE NEWS Texas 2.2% It's experience, speed, professionalism and timeliness, 19 years REO experience and 10 consecutive years achieving the Century 21 Centurion Award 3520 N Loop 1604 E San Antonio, TX 78247 210-657-0123 210-657-1123 fax Source: Movoto Real Estate 90+ Day Delinquency Rate It's 24-hour BPO turnaround, same-day occupancy reports, weekly inspections and 47-day average list-to-close. 1420 Hwy 685 Pflugerville, TX 78660 512-989-1094 (Fax) The "Original" HouseGals Winning Bidder in Loan Auction Sues Nationstar for Refusing Sale Truman Capital Advisors and U.S. Bank filed suit against Nationstar Mortgage after the servicer decided not to complete the sale and transfer of 534 mortgage loans Truman Capital bid on through Auction.com. According to the complaint, filed with the New York State Supreme Court, Truman Advisors bought the nonperforming loans for an agreed-upon price of $150 million. A few days after Nationstar notified Truman Capital that it was the winning bidder, the complaint states the Lewisville, Texas-based servicer, acting through its agent Auction.com, notified Truman Advisors that it "refused to complete the sale and transfer" of the loans covered by the winning bids. The complaint alleges Nationstar's decision was "based principally, if not solely, on its belated realization that the reserve prices it had set for, and at which it had agreed to sell