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86 STATE OF AFFAIRS: SOUTH ยป Alabama RANK: 30 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2014 3.56% 1.22% 6.7 YEAR AGO 3.83% 1.54% 6.6 YEAR-OVER-YEAR CHANGE -7.2% -20.6% 0.1 Top County MACON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2014 5.04% 2.79% YEAR AGO 6.34% 3.08% YEAR-OVER-YEAR CHANGE -20.6% -9.4% Top Core-Based Statistical Area 90+ Day Foreclosure Delinquency Rate Rate MARCH 2014 5.04% 2.79% YEAR AGO 6.34% 3.08% YEAR-OVER-YEAR CHANGE -20.6% -9.4% MOBILE, AL 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 March 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Arkansas RANK: 27 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2014 3.38% 1.59% 6.9 YEAR AGO 3.62% 2.91% 7.4 YEAR-OVER-YEAR CHANGE -6.4% -45.6% -0.5 Top County JOHNSON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2014 2.91% 3.45% YEAR AGO 3.10% 6.26% YEAR-OVER-YEAR CHANGE -6.1% -44.8% Top Core-Based Statistical Area BLYTHEVILLE, AR 90+ Day Foreclosure Delinquency Rate Rate MARCH 2014 4.57% 2.85% YEAR AGO 4.41% 5.75% YEAR-OVER-YEAR CHANGE 3.6% -50.4% 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 March 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Alabama Marie Romano, CRS, GRI Owner/Broker Romano Properties A-REO Certifi ed, Property Management Certifi ed Lifetime Club of Excellence 205.358.7953 Offi ce 205.369.4648 Cell Phone RomanoProperties.com Romano.Marie@gmail.com 2969 Pelham Parkway Suite 1, Pelham, AL 35124 REOconnex IN THE NEWS Freddie Mac Extends Relief to Tornado-Impacted Communities Freddie Mac announced it has opened up its "full menu" of relief policies for homeown- ers whose homes were damaged or destroyed by the late-April storms that swept across parts of the South and the Great Plains. Freddie Mac's disaster relief policies extend to jurisdictions declared by President Obama to be major disaster areas and where individual assistance programs are being made available, which as of May 1 included parts of Arkansas and Mississippi. Mortgage relief options for affected bor- rowers in impacted areas include foreclosure suspension for up to 12 months, waived assessments of penalties or late fees against borrowers with damaged homes, and not reporting forbearance or delinquencies caused by the disaster to credit bureaus. Freddie Mac also reminds servicers to consider standard relief policies for borrowers who work in eligible disaster areas but who live in unaffected jurisdictions. "We strongly encourage borrowers to con- tact their servicers to discuss mortgage relief," said Tracy Mooney, SVP of single-family servicing at Freddie Mac. Florida RANK: 2 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2014 3.04% 6.05% 6.3 YEAR AGO 3.72% 11.09% 7.7 YEAR-OVER-YEAR CHANGE -18.2% -45.5% -1.4 Top County WASHINGTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2014 3.68% 11.04% YEAR AGO 3.84% 14.11% YEAR-OVER-YEAR CHANGE -4.2% -21.7% Top Core-Based Statistical Area PALATKA, FL 90+ Day Foreclosure Delinquency Rate Rate MARCH 2014 3.35% 9.60% YEAR AGO 3.83% 13.39% YEAR-OVER-YEAR CHANGE -12.5% -28.3% 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 March 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Homes considered seriously underwater in Alabama totaled 41,517 in the first quarter of 2014, according to RealtyTrac. KNOW THIS Average Unadjusted ROI on a Flipped House in Arkansas, Q1 2014 Source: RealtyTrac's Flipping Report STAT INSIGHT 20%