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140 Nevada RANK: 13 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate SEPTEMBER 2014 3.04% 2.10% 6.9 YEAR AGO 4.51% 3.50% 9.1 YEAR-OVER-YEAR CHANGE -32.6% -40.1% -2.2 Top County NYE COUNTY 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 3.36% 3.62% YEAR AGO 4.35% 5.85% YEAR-OVER-YEAR CHANGE -22.9% -38.2% Top Core-Based Statistical Area PAHRUMP, NV 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 3.36% 3.62% YEAR AGO 4.35% 5.85% YEAR-OVER-YEAR CHANGE -22.9% -38.2% 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 fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary September 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. New Mexico RANK: 8 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate SEPTEMBER 2014 1.75% 2.22% 6.4 YEAR AGO 1.90% 2.73% 6.7 YEAR-OVER-YEAR CHANGE -7.6% -18.8% -0.3 Top County TORRANCE COUNTY 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 3.25% 4.92% YEAR AGO 2.31% 5.26% YEAR-OVER-YEAR CHANGE 40.6% -6.4% Top Core-Based Statistical Area GRANTS, NM 90+ Day Foreclosure Delinquency Rate Rate SEPTEMBER 2014 2.00% 4.06% YEAR AGO 2.04% 4.51% YEAR-OVER-YEAR CHANGE -2.1% -9.8% 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 September 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary September 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Las Vegas Suburb Launches Foreclosure Registry City officials in the Las Vegas suburb of Henderson, Nevada, have announced the launch of a foreclosure registry in order to help monitor the number of abandoned residential properties in the area from falling into disrepair or becoming blighted. e goal of the registry is to urge the owners of homes that have either been aban- doned or are at risk of being abandoned due to foreclosure to perform maintenance and upkeep on them so that the homes do not fall victim to blight, squatters, or vandals. e registry can be found at www.register- henderson.com. Owners are required to regis- ter their property (single-family, townhouses, condos, and multifamily buildings with four units or fewer) on the site if there is a currently unresolved default notice or foreclosure filing on the property with Clark County. e fee to register is $200 for new registrations and $50 for any updates with new information. If the property remains distressed, owners must renew their registration annually for $200. Penalties for failure to comply may include fines of up to $150 per day or a possible crimi- nal misdemeanor conviction. Prior to the launch of the registry, Hen- derson city officials had to rely on complaints of nearby residents in order to discover aban- doned, blighted homes. e registry came about as a result of the city passing Ordinance No. 3121, also known as the Abandoned Resi- dential Real Property Registry Ordinance, in February 2014. e purpose of the ordinance is to "reduce and prevent neighborhood blight, to mitigate conditions that threaten the health, safety, and welfare of the public, and to promote neighborhood stability," ac- cording to the registerhenderson.com website. Henderson, Nevada's second-largest city, with a population of about 270,000 (accord- ing to U.S. Census data), has been hit hard by foreclosures in recent years. Nevada in particular was one of the hardest hit states during the financial collapse of 2008. While the Las Vegas area in general has seen a significant decline in the number of foreclosures for the last few months, Realty- Trac reported that one in every 768 residential housing units in Henderson was in some state of the foreclosure process in September 2014, still way ahead of the national rate of one in every 1,232 for the month. Henderson's fore- closure rate was close to the reported rate for the state of Nevada, which was one in 797— fifth highest in the U.S. RealtyTrac reported that the Las Vegas metro area had 1,694 "zombie foreclosures" in the third quarter, the eighth-highest total in the U.S. According to RealtyTtrac, 33 percent of foreclosures in the Las Vegas metro area were zombie foreclo- sures, which are properties that have been abandoned before the foreclosure process is completed. City officials estimate that about 5,000 residential properties in Henderson are in some state of foreclosure. The number of total bankruptcy filings in New Mexico for the first 10 months of 2014, the 38th-highest total among states. Source: Epiq Systems STAT INSIGHT 3,255 The month-over-month decline in foreclosure activity in Nevada for November. Despite the decline, the state still ranked sixth for highest foreclosure rate with one for every 783 housing units. Source: RealtyTrac STAT INSIGHT 23.91%