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86 STATE OF AFFAIRS: MIDWEST/SOUTH ยป Alabama RANK: 33 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 3.65% 1.00% 6.8% YEAR AGO 3.57% 1.43% 6.5% YEAR-OVER-YEAR CHANGE 2.3% -30.1% 0.3% Top County MACON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 5.66% 2.57% YEAR AGO 6.07% 3.31% YEAR-OVER-YEAR CHANGE -6.8% -22.4% Top Core-Based Statistical Area 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 5.66% 2.57% YEAR AGO 6.07% 3.31% YEAR-OVER-YEAR CHANGE -6.8% -22.4% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Arkansas RANK: 26 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 3.28% 1.45% 6.2% YEAR AGO 3.22% 2.36% 7.6% YEAR-OVER-YEAR CHANGE 1.8% -38.6% -1.4% Top County JOHNSON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 3.11% 3.55% YEAR AGO 3.02% 4.02% YEAR-OVER-YEAR CHANGE 2.7% -11.8% Top Core-Based Statistical Area BLYTHEVILLE, AR 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 4.74% 2.73% YEAR AGO 4.04% 4.38% YEAR-OVER-YEAR CHANGE 17.5% -37.6% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Florida RANK: 2 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 3.00% 5.19% 6.2% YEAR AGO 3.38% 10.03% 7.4% YEAR-OVER-YEAR CHANGE -11.4% -48.3% -1.2% Top County WASHINGTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 3.38% 9.82% YEAR AGO 3.25% 13.06% YEAR-OVER-YEAR CHANGE 4.1% -24.8% Top Core-Based Statistical Area PALATKA, FL 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 3.21% 9.27% YEAR AGO 3.52% 12.31% YEAR-OVER-YEAR CHANGE -8.9% -24.7% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 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 Florida Man Charged in $76M Fraud Scheme Leonard Potillo of Longwood, Florida, has been charged in a 33-count indictment for wire fraud, bribing a bank official, and unlawful monetary transactions. Potillo is charged with operating an alleged $76 million fraud scheme involving the purchase and sale of delinquent debt portfolios from banks, according to the Office of the Special Inspec- tor General for the Trouble Asset Relief Program (SIGTARP). Potillo faces seven counts of wire fraud, 10 counts of bribing a bank official, and 16 counts of unlawful monetary transactions. "Potillo is charged with fraud and bribing an officer at TARP recipient U.S. Bank to the tune of $1 million in exchange for inside infor- mation to benefit his debt collections agency," said Christy Romero, special inspector general for TARP. "Potillo and his company allegedly amassed $76 million in ill-gotten profits after buying debt portfolios from TARP banks and falsifying the quality of the debt to flip the Wisconsin RANK: 28 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 2.25% 1.42% 5.7% YEAR AGO 2.36% 2.41% 6.8% YEAR-OVER-YEAR CHANGE -4.8% -41.3% -1.1% Top County JACKSON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 4.03% 5.18% YEAR AGO 2.50% 6.94% YEAR-OVER-YEAR CHANGE 61.3% -25.5% Top Core-Based Statistical Area MONROE, WI 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 1.58% 2.20% YEAR AGO 2.67% 2.96% YEAR-OVER-YEAR CHANGE -41.0% -25.7% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. The number of months it would take to sell all home inventory at the current rate in Mobile County, Alabama at the end of Q2 2014. Source: University of South Alabama STAT INSIGHT 8.47