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» VISIT US ONLINE @ DSNEWS.COM 7 A look at facts you didn't know you couldn't live without Compiled by the DS News Staff TAKE A LOOK INSIDE THE NUMBERS D ATA B I T S EVP OF CARRINGTON MORTGAGE SERVICES, LLC, MORTGAGE LENDING DIVISION There were 41,000 total HAMP Modifications in March 2014, according to the HOPE NOW Alliance. In March, there were 29,000 total foreclosure completions, down 5 percent from February, according to HUD. REPORT: OBAMA TO TAP SAN ANTONIO MAYOR FOR HUD PAGE 37 INSIDE THE JOURNAL // MOVERS & SHAKERS // ON THE WEB // THE APP SPECTRUM *Data as of the End of May 2014 Source: Trulia's Middle-Class Affordability Report Source: RealtyTrac's Q1 2014 U.S. Home Flipping Report FIVE MINUTES WITH Ray Brousseau TOP TEN MARKETS FOR HOME FLIPPING 1 New York 12.0% 2 Nebraska 9.4% 3 Nevada 6.8% 4 California 5.4% 5 Wisconsin 5.4% 6 Florida 5.3% 7 Arizona 4.9% 8 District of Columbia 4.9% 9 Georgia 4.0% 10 Colorado 3.9% States Flips as a Percentage of Sales Ranking BOTTOM 10 AFFORDABLE HOUSING MARKETS FOR THE MIDDLE CLASS* 1 San Francisco, CA 14% 2 Los Angeles, CA 23% 3 Orange County, CA 24% 4 New York, NY-NJ 25% 5 San Diego, CA 28% 6 Ventura County, CA 29% 7 San Jose, CA 34% 8 Fairfield County, CT 37% 9 Honolulu, HI 39% 10 Oakland, CA 40% Ranking Metropolitan Areas % of Affordable For-Sale Homes As originally reported by the New York Times, President Obama is expected to nominate current San Antonio Mayor Julián Castro as the new HUD secretary. Castro would take the place of current director Shaun Donovan, who is to become director of the Office of Management and Budget. Castro originally gar- nered national attention as the keynote speaker at the Democratic National Convention in 2012. Po- litically, the Democrats are betting heavily on appealing to the coun- try's growing Hispanic community. Castro has been mentioned often as a potential vice- presidential candidate in 2016. is is the second overture the White House has made to the San Antonio mayor. After the 2012 election, the president asked Castro to be his transportation secretary. Castro opted to stay in San Antonio, citing his desire to finish his tenure as the city's mayor. When asked last month if the thought he could be wasting an opportunity, Castro said, "I'm going to be 40 this year. I feel like I have a decent amount of time either way. Whatever happens in the next two years to eight years, I'll have time." e Times cited people familiar with the matter who advised Castro to up his profile in hopes of garnering national attention in the next presidential election. "Some of Mr. Castro's allies also believe that with income inequality becoming a focal point for Democrats, the HUD job offers the mayor an opportunity to burnish his credentials on issues of poverty and to raise his appeal among those on the party's left. e post will also let him develop relationships with and win favors from city leaders and activists in a way he cannot on the Democratic lecture circuit," the Times said. Gearing up for the presidential election in 2016, its largely believed that the ever- increasing demographic of Hispanic voters will push both political parties towards Hispanic running mates. "A couple years ago, I said Republicans should enjoy it because it's not going to get any better for them," Castro said, "and it's only getting better for Democrats moving forward."

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