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84 North Dakota RANK: 47 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate SEPTEMBER 2014 0.50% 0.58% 2.8 YEAR AGO 0.54% 0.80% 2.8 YEAR-OVER-YEAR CHANGE -7.8% -27.5% 0 Top County TRAILL COUNTY 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 0.64% 1.70% YEAR AGO 0.84% 0.89% YEAR-OVER-YEAR CHANGE -24.1% 90.8% Top Core-Based Statistical Area WAHPETON, ND-MN 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 1.22% 0.85% YEAR AGO 0.55% 0.97% YEAR-OVER-YEAR CHANGE 121.7% -12.2% 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 September 2014 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2014 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Ohio RANK: 17 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate SEPTEMBER 2014 2.50% 1.95% 5.6 YEAR AGO 2.94% 2.82% 7.4 YEAR-OVER-YEAR CHANGE -15.0% -30.7% -1.8 Top County ASHTABULA COUNTY 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 3.45% 3.93% YEAR AGO 3.48% 5.48% YEAR-OVER-YEAR CHANGE -0.8% -28.3% Top Core-Based Statistical Area ASHTABULA, OH 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 3.45% 3.93% YEAR AGO 3.48% 5.48% YEAR-OVER-YEAR CHANGE -0.8% -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 September 2014 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2014 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Grant Program Creates Opportunities for Homeownership in Cincinnati Wells Fargo & Company is teaming with several housing organizations to announce the formation of the Cincinnati chapter of the Wells Fargo NeighborhoodLIFT program, an initiative designed to offer $5.2 million from Wells Fargo to improve Cincinnati neighborhoods and increase homeownership in the area. Wells Fargo, NeighborWorks America, e Home Ownership Center of Greater Cincinnati, Neighborhood Housing Ser- vices of Hamilton, and Cincinnati Mayer John Cranley joined together to announce the formation of the new program, which began with a two-day free homebuyer event on November 21 and 22 at the Duke Energy Convention Center in Downtown Cincinnati. "Making homeownership more afford- able and revitalizing our neighborhoods will help make Cincinnati a stronger community," Cranley said. "is terrific public-private collaboration will make a tremendous differ- ence for families and neighborhoods through sustainable homeownership." Out of the $5.2 million Wells Fargo is committing to the program, about $4.2 million will go toward down payment as- sistance grants, which are available to eligible homebuyers and are designed to help them overcome the barrier of putting forth a suf- ficient down payment to own a home. To receive a $15,000 down payment assistance grant, a homebuyer must have an annual income that does not exceed 120 percent of the Cincinnati-area median income (about $82,000 for a family of four). e prospective homeowner must also meet other criteria to receive the down pay- ment assistance grant, including completing an eight-hour homebuyer education session with e Home Ownership Center of Great- er Cincinnati or another approved agency. To receive the full amount of the LIFT program grant, the homeowner must commit to live in the home for five years and qualify for a first mortgage. Homeowners may also use the down payment assistance grant to purchase a home that needs improvement by utilizing a new mortgage purchase 203k renovation loan. e down payment assistance program may be combined with other down payment assistance programs. "is innovative collaboration between NeighborWorks America, our network member, e Home Ownership Center of Greater Cincinnati Inc., and Wells Fargo will put more Cincinnati families and indi- viduals on the path to homeownership," said Corinne Cahill, senior relationship manager of the Midwest Region at NeighborWorks America. "e required housing counseling and education classes, provided by certi- fied professionals, have been shown to help homebuyers achieve successful and sustain- able homeownership." In addition to the money Wells Fargo is putting up for the down payment assistance grants, the bank is offering $500,000 toward the stabilization and improvement of Cincin- nati neighborhoods. "Like many communities, Cincinnati neighborhoods were significantly affected by the housing crisis," said J.R. Huber, area manager with Wells Fargo Home Mortgage. "While mortgages are available at relatively low interest rates, many families are unable to buy a home because they struggle with making the down payment. e Neighbor- hoodLIFT program can help local mortgage- ready homebuyers realize their dreams of owning a home." Wells Fargo has now committed a total of $220 million to 30 housing markets through its LIFT programs with the addition of Cincinnati's Neighborhood LIFT program. LIFT programs have helped more than 7,850 homeowners purchase homes since February 2012. Cincinnati is the eighth city to receive the program in 2014. "e Home Ownership Center is proud to help families qualify for the Wells Fargo NeighborhoodLIFT program down pay- ment assistance grants," said Rick Williams, president and CEO of e Home Owner- ship Center of Greater Cincinnati. "is investment will help individuals and families become homeowners and support our larger community. It's a smart time for families to invest in homeownership, and to be first in line to access the down payment grants, people can register to start working with e Home Ownership Center of Greater Cincinnati." Ohio had the fourth highest foreclosure rate in the U.S. in October 2014 with one foreclosure filing for every 674 housing units, according to RealtyTrac. KNOW THIS

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