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88 STATE OF AFFAIRS: SOUTH » Tennessee RANK: 36 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2013 3.45% 1.13% 8.1% YEAR AGO 3.88% 1.48% 7.7% YEAR-OVER-YEAR CHANGE -11.2% -23.6% 0.4% Top County SCOTT COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2013 3.90% 2.51% YEAR AGO 4.32% 3.11% YEAR-OVER-YEAR CHANGE -9.8% -19.2% Top Core-Based Statistical Area LEWISBURG, TN 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2013 4.69% 2.26% YEAR AGO 4.95% 2.31% YEAR-OVER-YEAR CHANGE -5.3% -2.2% 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 November 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary November 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Texas RANK: 41 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2013 2.35% 0.99% 6.1% YEAR AGO 2.54% 1.19% 6.3% YEAR-OVER-YEAR CHANGE -7.4% -16.8% -0.2% Top County MORRIS COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2013 3.19% 3.40% YEAR AGO 3.14% 2.89% YEAR-OVER-YEAR CHANGE 1.6% 17.9% Top Core-Based Statistical Area EAGLE PASS, TX 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2013 2.49% 2.00% YEAR AGO 3.17% 1.70% YEAR-OVER-YEAR CHANGE -21.4% 17.4% 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 November 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary November 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. South Carolina RANK: 17 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2013 2.46% 2.50% 7.1% YEAR AGO 2.64% 3.74% 8.6% YEAR-OVER-YEAR CHANGE -6.9% -33.1% -1.5% Top County HAMPTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2013 5.58% 5.92% YEAR AGO 4.99% 7.99% YEAR-OVER-YEAR CHANGE 11.8% -25.8% Top Core-Based Statistical Area DILLON, SC 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2013 5.29% 4.72% YEAR AGO 3.49% 6.56% YEAR-OVER-YEAR CHANGE 51.5% -28.0% 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 November 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary November 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Interactive Mortgage Advisors Opens Dallas Office Interactive Mortgage Advisors (IMA), a firm focused on the valuation and trading of mortgage servicing rights (MSRs), has added to its operational network with the opening of a new office in Dallas. With its new expansion, the company hopes to gain a foothold in the Lone Star State, which is home to a large number of originators and servicers. "I have traded MSRs for 27 years and have never seen as much activity as I have in the past two years," said IMA managing member Tom Piercy. "Furthermore, the concentration of servicing being managed in the Dallas area and the number of IMA clients has expanded rapidly in Dallas and all of Texas. is move is necessary for us to continue to be a leader in the trading of MSRs by being in the geo- graphic center of so many great companies." Managing the new location is John Sayre, a mortgage industry veteran of more than 25 years, which includes eight years in secondary marketing at various financial institutions, 14 years in customer management at Fannie Mae, and more than three years working in business development sourcing MSR acquisi- tions for private equity firms. Sayre's job at IMA will have him working with banks, credit unions, and mortgage banks on the purchase and sale of MSRs for both bulk transactions and strategic flow arrangements. Commenting on his new position, Sayre said he is honored to join the IMA team "is is the perfect opportunity for me to help develop the emerging MSR market and work with originators and investors to estab- lish both long term strategic relationships as well as best execution arrangements," he said. Awards and Additions for Stewart January has been a busy month for Stew- art. Two key executives have been lauded for their accomplishments, and the company has added another power hitter to the team. Stewart Information Services Corp.'s chief economist Dr. Ted C. Jones has been recog- nized in the 2013. Swanepoel Power 200 list. e list ranks real estate industry leaders ac- cording to their influence and power. In addi- tion, CEO Matt Morris made the Outsiders list recognizing real estate leaders who have had a noteworthy impact on the industry. Jones, who was recognized in the Advi- sors category, was noted as one of the most foremost economists on the relationship be- tween the economy and real estate industry. "I am proud that our own Dr. Ted C. Jones was recognized for the insightful Texas Bonita Foucher, REALTOR Coldwell Banker APEX, REALTORS 7705 San Jacinto Place #200 Plano, TX 75024 (214) 455-4021 cell | (972) 208-8797 office (972) 208-7711 fax | b.foucher@tx.rr.com www.bfoucher.cbapex.com