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ยป VISIT US ONLINE @ DSNEWS.COM 77 Maine RANK: 5 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.54% 3.73% 5.6 YEAR AGO 2.34% 5.13% 6.7 YEAR-OVER-YEAR CHANGE 8.7% -27.2% -1.1 Top County WASHINGTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 3.83% 7.47% YEAR AGO 4.41% 10.00% YEAR-OVER-YEAR CHANGE -13.0% -25.3% Top Core-Based Statistical Area LEWISTON-AUBURN, ME 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 3.13% 5.63% YEAR AGO 3.04% 7.03% YEAR-OVER-YEAR CHANGE 2.8% -19.8% 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 August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Maryland RANK: 8 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.82% 2.32% 6.4 YEAR AGO 3.35% 3.59% 6.6 YEAR-OVER-YEAR CHANGE -15.8% -35.4% -0.2 Top County CAROLINE COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 4.41% 4.87% YEAR AGO 5.31% 6.10% YEAR-OVER-YEAR CHANGE -17.1% -20.1% Top Core-Based Statistical Area CAMBRIDGE, MD 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 3.25% 4.63% YEAR AGO 3.31% 7.52% YEAR-OVER-YEAR CHANGE -2.0% -38.4% 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 August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Maryland Woman Convicted for Role in Mortgage Fraud Scam A Maryland jury convicted Annika Boas, 37, for her role in a residential mortgage fraud scheme, the U.S. attorney for the District of Maryland, Rod J. Rosenstein, announced. Boas was found guilty of two counts of wire fraud and two counts of making a false statement on a mortgage application, according to Rosenstein. Boas committed the mortgage fraud between March 2007 and November 2008, according to evidence presented at the trial. Along with real estate agent Edgar Tibakweitira; Ayoub Luziga (with whom Boas was in a relationship) and several others, Boas allegedly made false statements on residential mortgage applications and used stolen or false identity documents to lure lenders into giving loans to straw buyers. Evidence revealed that Tibakweitira created false documents for repairs and renovations in order to inflate property prices. e conspirators then divided the money that supposedly went to repairs amongst themselves, according to evidence presented. Witnesses testified at the trial that Boas and her conspirators used the identity of at least four individuals to fraudulently obtain residential mortgage loans, including a driver's license from North Carolina with the victim's name and Boas' photo. According to evidence, federally insured financial institutions incurred between $400,000 and $1 million in losses as a result of the scam. Rosenstein announced the conviction flanked by officials from HUD's Office of the Inspector General (HUD-OIG); the Federal Housing Finance Agency's Office of the Inspector General (FHFA-OIG); the U.S. Secret Service; the U.S. Department of the Treasury; and U.S. Immigration and Customs Enforcement (ICE), which serves as the investigative arm of the Department of Homeland Security. "e United States Department of Housing and Urban Development, Office of the Inspector General investigates allegations of waste, fraud, and abuse in HUD- sponsored programs such as our FHA [Federal Housing Administration] program," said Cary A. Rubenstein, special agent in charge of HUD-OIG's Mid-Atlantic region. "is group, including several mortgage industry professionals, perpetrated a sophisticated mortgage fraud scheme designed to enrich themselves at the expense of lenders and the FHA insurance fund." Rubenstein added, "e efforts that brought us this verdict demonstrate that when law enforcement is made aware of schemes that place the public and the FHA insurance program at risk, we will commit the necessary resources to make sure the fraudsters are brought to justice and are no longer in a position to engage in fraud." Boas is scheduled to be sentenced on January 7, 2015 and faces up to 30 years in prison. Tibakweitira, 46, and Ayoub Luziga, 35, have pleaded guilty to charges relating to the scam and are to be sentenced in November. Five others have pleaded guilty to charges stemming from the scam; one was sentenced to five years in prison, and one was sentenced to time served. e other three are awaiting sentencing. Massachusetts RANK: 28 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 3.41% 1.32% 5.8 YEAR AGO 3.04% 1.93% 7.2 YEAR-OVER-YEAR CHANGE 12.1% -31.3% -1.4 Top County FRANKLIN COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 5.25% 2.97% YEAR AGO 4.86% 3.32% YEAR-OVER-YEAR CHANGE 8.1% -10.5% Top Core-Based Statistical Area 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 YEAR AGO YEAR-OVER-YEAR CHANGE 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 August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics.