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Stepping Up to the Plate

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IN THE NEWS South Dakota rank: 44 90+ Day Delinquency Rate Foreclosure Rate July 2013 0.8% Unemployment Rate 1.0% 3.9% year ago 1.0% 1.5% 4.5% year-over-year change -15.6% -31.3% -13.3% Top County MCCook CounTy 90+ Day Delinquency Rate July 2013 2.0% Foreclosure Rate 3.7% year ago 1.4% 3.7% year-over-year change 42.5% 0.4% Top Core-Based Statistical Area RApiD CiTy, SD 90+ Day Delinquency Rate Foreclosure Rate July 2013 1.0% 1.3% year ago 1.1% 1.7% year-over-year change -9.7% -24.7% 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 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. Tennessee rank: 37 90+ Day Delinquency Rate Foreclosure Rate July 2013 3.4% Unemployment Rate 1.2% 8.5% year ago 3.8% 2.0% 8.2% year-over-year change -8.8% -38.6% 3.7% Top County HiCkman CounTy 90+ Day Delinquency Rate July 2013 4.3% Foreclosure Rate 2.6% year ago 5.2% 4.1% year-over-year change -15.8% -37.7% Top Core-Based Statistical area HumBoldT, Tn 90+ Day Delinquency Rate Foreclosure Rate July 2013 5.1% 2.2% year ago 5.5% 2.2% year-over-year change -7.3% 0.5% 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. 92 Tennessee Churchill Mortgage Recognized for Corporate Growth Churchill Mortgage, a provider of conventional and government-insured residential mortgages across 31 states, has been recognized as the fourth-fastest-growing private company in Middle Tennessee by the Nashville Business Journal in its annual Top 25 Fastest-Growing Companies rankings. Each year, the Nashville Business Journal compiles a list of Middle Tennessee's top 100 private companies based on revenue. The Top 25 Fastest-Growing Companies are then selected and ranked by revenue growth over the past three years. The companies and their rankings were revealed at a luncheon at the Renaissance Hotel in Nashville and featured in the September 20 print edition of the Nashville Business Journal. "This is the 15th year that the Nashville Business Journal has ranked the area's top privately owned companies by revenue," said Kate Herman, president and publisher of the Nashville Business Journal. "Making it onto the top 25 Fastest Growing Private Companies list is no small feat. They are chosen based on the company's sustained growth over a three-year period and highlight some of the largest, fastest-growing companies that have an enormous impact on Nashville's economy. Churchill Mortgage, which operates with zero debt, has realized significant growth for the past several years and expanded into more than a dozen communities. The lender has hired and promoted more than 200 employees since 2011 and last year celebrated its 20th anniversary by originating more than $1 billion for the first time in company history. Churchill also launched its Young Entrepreneur contest in 2012 to support local business development and economic growth in Middle Tennessee. "As a locally owned business, we're honored to be recognized among Nashville's strongest business leaders," said Mike Hardwick, president of Churchill Mortgage. "Currently, communities across Middle Tennessee have the lowest unemployment rates in the state. In addition, Forbes recently named Nashville as the second-best city for jobs in 2013, next only to San Francisco. We're encouraged by these reports and look forward to continued economic growth." Kristy Hairston Village Real Estate Services 615 Woodland Street Nashville, TN 37206 Office: 615-369-3278 Cell: 615-390-5247 www.FindAHomeInNashvilleTN.com STAT INSIGHT Tennessee-based federally insured institutions closed by regulators during the first nine months of this year. Source: FDIC Texas rank: 39 90+ Day Delinquency Rate Foreclosure Rate July 2013 2.2% Unemployment Rate 1.2% 6.5% year ago 2.4% 1.6% 6.9% year-over-year change -8.0% -27.3% -5.8% Top County 90+ Day Delinquency Rate Camp CounTy Foreclosure Rate July 2013 1.6% 2.9% year ago 2.1% 1.3% year-over-year change -27.2% 125.2% Top Core-Based Statistical area Bonham, TX 90+ Day Delinquency Rate Foreclosure Rate July 2013 2.5% 2.5% year ago 2.2% 2.8% year-over-year change 10.4% -8.3% 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.

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