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Alabama rank: 35 90+ Day Delinquency Rate Foreclosure Rate July 2013 3.7% Unemployment Rate 1.3% 6.3% year ago 3.8% 1.8% 7.6% year-over-year change -1.0% -26.9% -17.1% Top County MACon CounTy 90+ Day Delinquency Rate Foreclosure Rate July 2013 6.1% 3.3% year ago 6.4% 3.0% year-over-year change -5.2% 10.2% Top Core-Based Statistical Area MoBile, Al 90+ Day Delinquency Rate Foreclosure Rate July 2013 6.1% 3.3% year ago 6.4% 3.0% year-over-year change -5.2% 10.2% 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 July 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Alabama's Elmore County Embraces E-Recording Elmore County became only the second county in Alabama to allow electronic recording of land documents. Alabama's Montgomery County began offering e-Recording of land and real property-related documents in 2011 and was the sole county in the state to adopt the electronic process until late August when Elmore County followed suit. Elmore's probate office partnered with eRecording provider Simplifile to offer the service. "There are so many great benefits that come with e-Recording, and we are excited to bring those benefits to Elmore County and their customers," said Paul Clifford, president of Simplifile. Electronic submissions eliminate the need to mail documents or physically go to the probate office, which in turn saves money, paper, and time, Simplifile explained. Law firms, mortgage companies, abstractors, banks, lenders, and other mortgage 70 stakeholders can now securely file land documents through a Web browser from the comfort and convenience of their offices. "Over time, electronic recording of documents will lessen some of the heavy demands on us, as well as provide a convenience for those who regularly submit documents for recording," said Linda Blankenship, an Elmore County probate office employee. According to local media, since Probate Judge John Enslen took office in midJanuary, one of his primary goals has been to better assimilate modern technology and probate office operations. "There are many potential uses for technology with respect to the various probate office operations and functions," Enslen said. "There is no reason you could not do your probate office business in your pajamas while seated in front of your home computer." Simplifile representative Barbara McClean told a local news outlet that Shelby County is next in line in the state to adopt e-Recording. Simplifile has enabled the electronic recording of hundreds of thousands of land and real property documents in 968 counties across the United States. Arizona rank: 43 90+ Day Delinquency Rate Foreclosure Rate July 2013 1.7% Unemployment Rate 1.1% 8.0% year ago 2.6% 2.6% 8.4% year-over-year change -33.0% -59.9% -4.8% Top County SAnTA Cruz CounTy 90+ Day Delinquency Rate Foreclosure Rate July 2013 2.6% 2.2% year ago 3.2% 3.6% year-over-year change -19.5% -37.8% Top Core-Based Statistical Area nogAleS, Az 90+ Day Delinquency Rate Foreclosure Rate July 2013 2.6% 2.2% year ago 3.2% 3.6% year-over-year change -19.5% -37.8% 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 July 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. ARIZONA: Yavapai, Coconino, Gila County Alaska rank: 50 90+ Day Delinquency Rate Foreclosure Rate July 2013 1.1% Unemployment Rate 0.8% 6.3% year ago 1.2% 1.0% 7.1% year-over-year change -7.3% -23.3% -11.3% Top County FAirbAnks norTh sTAr borough 90+ Day Foreclosure Delinquency Rate Rate July 2013 2.1% 1.4% Holly Grigaitis Designated Broker 928.284.9367 reo@optionsaz.com optionsaz.com MEMBER year ago 1.9% 1.6% IN THE NEWS year-over-year change 9.3% -12.6% Top Core-based statistical Area FAirbAnks, Ak 90+ Day Delinquency Rate Foreclosure Rate July 2013 2.1% 1.4% year ago 1.9% 1.6% year-over-year change 9.3% -12.6% 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 July 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Title365 Opens New Arizona Branches Title365 Agency, a nationwide provider of title insurance and escrow services, is moving forward with its Arizona expansion, opening two new branch offices in Glendale and Scottsdale. The teams at both locations have experience closing diverse types of escrows, including residential and commercial resale, REO, refinance, short sale, new