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commented, "We are excited about this partnership and the opportunity to share market knowledge through RealtyTrac's wide network of relationships. We feel this collaboration only strengthens both of our positions in the market. Integrating local and national statistics gives a strong view of how economic decisions and trends affect communities." Bob Parks Realty is part of the Bob Parks family of real estate professionals, which employs more than 450 agents, with 10 offices in five counties. It is one of the largest locally owned real estate companies in Middle Tennessee. In 2012, Bob Parks Realty completed 4,691 home sales totaling $1.2 billion. The agency ranked 44th among the nation's 150 top independent real estate firms, according to REAL Trends. KNOW THIS The HAMP redefault rate in Tennessee was 34% as of the end of September, according to the Special Inspector General for the Troubled Asset Relief Program. Texas rank: 40 90+ Day Delinquency Rate Foreclosure Rate September 2013 2.3% Unemployment Rate 1.0% 6.3% year ago 2.5% 1.4% 6.6% year-over-year change -6.0% -28.1% -4.5% Top County 90+ Day Delinquency Rate Morris CounTy Foreclosure Rate September 2013 3.4% 3.7% year ago 2.9% 2.9% year-over-year change 18.5% 27.9% Top Core-Based statistical Area PAlesTine, TX 90+ Day Delinquency Rate Foreclosure Rate September 2013 1.7% 2.0% year ago 2.5% 1.8% year-over-year change -31.8% 15.5% 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 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. 92 IN THE NEWS Wingspan Ranked Among Top Companies for Job Creation in 2013 Wingspan Portfolio Advisors, a diversified mortgage services company operating in Dallas, was named for the second straight year in Inc. magazine's "Hire Power Awards," a list of the top 100 businesses in America for job creation. Having earned the No. 65 spot in the 2012 inaugural list, Wingspan's ranking moved up to No. 5 in 2013, making it the highest ranking company in the financial services sector this year. The company was recognized for adding 1,344 employees during the qualifying period, which ended during the summer—and those numbers have only grown since then, with an additional 400 employees added in September and more brought on when Wingspan's due diligence services unit opened in Denver. "We are pleased to recognize the employers who are putting Americans back to work," said Eric Schurenberg, editor-in-chief for Inc. "We think it's fitting to pay tribute to company founders not just for their business prowess but also for their immense contribution to the welfare of U.S. workers and the vitality of the U.S. economy." Commenting on the recognition, Wingspan president and CEO Steven Horne said, "It is an honor to be among those companies recognized and particularly to rank highest among all in the mortgage industry. Wingspan is evolving and growing as the industry changes, and we will continue to develop diversified offerings that help lenders, servicers, investors, and all other stakeholders in the mortgage industry continue to be successful." Axios Introduces Desktop Appraisal Technology Axios Valuation Solutions, a Fort Worthbased compliant appraisal services provider, announced the release of Desktop Appraisal, a new solution designed to combine the company's technology and analytics with the expertise of local market appraisers. "This product will transform the valuation space by delivering a high quality, credible, and compliant product to financial institutions at a time when the industry is searching for alternatives to a full appraisal," said Tony Pistilli, EVP and chief appraiser at Axios and the creator of Desktop Appraisal. "As AVMs combined with Property Condition Reports become more difficult to use, I see this as an excellent product to meet the needs of the lending industry while remaining totally compliant with the regulatory agencies," Pistilli added. Christopher Thurber, SVP of business development, explained how Axios is using Desktop Appraisal to help stamp out fraud, one of the biggest concerns for the industry right now. "We utilize our proprietary technology and process to validate the information provided in every report. This nearly eliminates the opportunity for valuation fraud," he said. "This, along with providing 20 sales and 10 listings beyond the standard 3 comps, provides our clients with an extra layer of confidence." KNOW THIS Resource-rich Texas returned to peak employment in the fourth quarter of 2011, according to IHS Global Insight. Utah rank: 36 90+ Day Delinquency Rate Foreclosure Rate September 2013 2.3% Unemployment Rate 1.1% 4.7% year ago 3.0% 1.7% 5.5% year-over-year change -23.5% -32.0% -14.5% Top County 90+ Day Delinquency Rate Sevier CoUnTy Foreclosure Rate September 2013 2.7% 2.3% year ago 2.6% 2.0% year-over-year change 2.9% 15.2% Top Core-Based Statistical Area PriCe, UT 90+ Day Delinquency Rate Foreclosure Rate September 2013 2.3% 2.1% year ago 2.2% 1.6% year-over-year change 1.5% 29.4% 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.

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