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ยป are leveraging our years of experience, knowledge, and strategic vision to provide unprecedented security and service to our clients." AmeriFirst Turns to LPS' Servicing Platform to Support Growth Lender Processing Services, Inc. (LPS), a provider of technology, services, data, and analytics to the mortgage industry, announced that AmeriFirst Home Mortgage has completed the implementation of LPS' MSP mortgage and consumer loan servicing platform. The MSP platform is a single, comprehensive system created to manage all servicing processes, including loan boarding, payment processing, and escrow administration, giving servicers a fully integrated system to meet their needs for portfolios of all sizes. By converting its residential loans onto MSP, AmeriFirst will benefit from greater functionality, reduced operational costs, and greater revenue opportunities to assist expansion. "We were looking for a technology solution that provided more robust servicing capabilities to support our growth initiatives, while still helping us manage our operating expenses," said Mark Jones, president and co-founder of Michigan-based AmeriFirst. Jones continued, "We also needed a proven servicing system to help keep us in compliance with increased regulatory changes and federal requirements, as well as ensuring that our internal processes are secure. LPS offered the complete package." Another advantage AmeriFirst now enjoys is LPS' dedicated team assigned to support the bank's compliance by making sure MSP is up to date with regulatory changes and federal requirements. "We are pleased AmeriFirst Home Mortgage has chosen LPS' industry-leading technology and services to meet the evolving needs of its growing and successful business," said Robert Davis, EVP of sales and account management for LPS' Servicing Solutions and Technology division. Davis added, "We are committed to providing AmeriFirst Home Mortgage with dynamic, innovative technology and collaborative support needed to face the challenges and opportunities ahead." Potestivo & Associates Wins for Work Environment Potestivo & Associates, a legal services provider to the default servicing industry, was selected as one of "The Best and Brightest Companies to Work For" in the Detroit metro area. The firm will be honored at a ceremony in November, where a representative from the firm will accept the award. "This is a huge honor for our firm," said Brian Potestivo, president and managing attorney of the firm. "We are excited to accept an award that recognizes the happiness and overall satisfaction of our diligent employees." The firm was assessed based on factors such as effective communication, worklife balance, and other employee-related categories. Potestivo & Associates has received similar awards in the past, including being named one of "Crain's Cool Places to Work." The "101 Best and Brightest Companies to Work For" competition identifies and honors organizations throughout specific regions that display a commitment to excellence in their human resource practices and employee enrichment. 1.3% www.MinnesotaREO.com Bruce McAlpin Jeff Detloff Long H. Doan Maribel Garcia Garth Johnson Craig Murphy Michael Olsen STAT INSIGHT 2,262 HARP refinances year-to-date in July in Minnesota. Source: FHFA Unemployment Rate 0.9% 5.1% 90+ Day Delinquency Rate Foreclosure Rate August 2013 5.1% 2.2% 1.7% 5.7% 5.3% -46.7% 3.6% -10.5% -4.4% 1.6% 90+ Day Delinquency Rate 5.5% 3.6% 4.5% 7.3% 4.7% year-over-year change -25.7% Top Core-Based Statistical Area -25.2% -2.7% Top Core-Based Statistical area ViCkSBurg, MS AlBeRT leA, Mn Foreclosure Rate 90+ Day Delinquency Rate 1.7% 9.8% 3.1% 9.2% 5.1% year-over-year change year-over-year change -31.3% 3.3% year ago year ago 2.4% Foreclosure Rate August 2013 August 2013 1.6% Foreclosure Rate year ago year-over-year change 90+ Day Delinquency Rate Tippah CounTy August 2013 2.7% 7.3% -8.6% Top County Foreclosure Rate year ago 1.5% 9.3% -40.5% Top County Renville CounTy 90+ Day Delinquency Rate August 2013 8.5% year-over-year change year-over-year change -16.2% Unemployment Rate year ago year ago 1.6% 612-669-6324 952-829-2938 763-432-7640 612-821-7500 952-844-1511 763-533-9133 651-209-8444 rank: 23 rank: 45 Foreclosure Rate August 2013 Minnesota Mississippi Minnesota 90+ Day Delinquency Rate VISIT US ONLINE @ DSNEWS.COM -43.1% 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 August 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. 6.6% -34.9% 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 August 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. 83