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Alabama rank: 33 90+ Day Delinquency Rate Foreclosure Rate September 2013 3.8% Unemployment Rate 1.3% 6.4% year ago 3.9% 1.7% 7.3% year-over-year change -2.7% -22.6% -12.3% Top County MACon CounTy 90+ Day Delinquency Rate Foreclosure Rate September 2013 7.5% 2.8% year ago 6.4% 2.5% year-over-year change 17.4% shareholder and chair of Sirote & Permutt's mortgage banking practice group. "We are dedicated to understanding our clients' needs and expectations, and the award highlights our focus on keeping abreast of issues affecting the mortgage industry." Founded in 1946, Sirote & Permutt represents clients in Alabama and Florida. The firm's mortgage banking practice group consists of approximately 40 mortgage banking attorneys. "We are proud of our attorneys' understanding of and involvement in the mortgage banking industry," Held said. MoBile, Al 90+ Day Delinquency Rate Foreclosure Rate September 2013 7.5% 2.8% year ago 6.4% 2.5% year-over-year change 17.4% 13.0% 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 September 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Sirote & Permutt Receives USFN Diamond Award of Excellence Sirote & Permutt, P.C., has been recognized with the 2013 USFN Diamond Award of Excellence. This is the 15th consecutive year that the Birmingham, Alabama-based firm has received the award. The Award of Excellence is given annually to USFN member firms that meet rigorous standards for their professional activities, industry volunteerism, and community and charitable involvement. The award is considered the professional trade organization's highest honor. USFN's Award of Excellence program was initiated in 1993 to recognize and encourage member firms to develop and maintain high standards of excellence in serving both industry clients and their communities. "We are honored to receive the USFN Award of Excellence," said Jerry E. Held, 70 90+ Day Delinquency Rate Foreclosure Rate September 2013 1.6% Unemployment Rate 0.9% 8.3% year ago 2.4% 2.2% 8.3% year-over-year change -32.8% -56.7% 0.0% Top County SAnTA Cruz CounTy 90+ Day Delinquency Rate Foreclosure Rate September 2013 2.5% 1.9% year ago 3.4% year-over-year change 34% Top Core-Based Statistical Area rank: 44 3.3% STAT INSIGHT 13.0% Arizona -23.5% -44.8% Top Core-Based Statistical Area nogAleS, Az 90+ Day Delinquency Rate Redefault rate of Alabama's HAMPmodified loans, as of September 30. Source: Special Inspector General for the Troubled Asset Relief Program Foreclosure Rate September 2013 2.5% 1.9% year ago 3.3% 3.4% year-over-year change -23.5% -44.8% 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 September 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. ARIZONA: Yavapai, Coconino, Gila County Alaska rank: 49 90+ Day Delinquency Rate Foreclosure Rate September 2013 1.2% Unemployment Rate 0.7% 6.5% year ago 1.3% 1.0% 6.9% year-over-year change -4.1% -23.5% -5.8% Top County FAirbAnks norTh sTAr borough 90+ Day Foreclosure Delinquency Rate Rate September 2013 2.2% 1.4% Holly Grigaitis Designated Broker 928.284.9367 reo@optionsaz.com optionsaz.com MEMBER year ago 2.0% 1.4% year-over-year change 8.9% 0.2% Top Core-based statistical Area FAirbAnks, Ak 90+ Day Delinquency Rate Foreclosure Rate September 2013 2.2% 1.4% year ago 2.0% 1.4% year-over-year change 8.9% 0.2% 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 September 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Buyer Demand Wanes in Arizona Arizona home sales in September—including single family, townhomes, and condos—were 11 percent below August's home sales tally and 8 percent below the total for September 2012, according to market data published by the W. P. Carey School of Business at Arizona State University. Because of the significant rise in home prices, though, the total dollar amount spent