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» VISIT US ONLINE @ DSNEWS.COM 85 Alabama RANK: 32 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2014 3.56% 1.03% 5.7 YEAR AGO 3.72% 1.43% 6.1 YEAR-OVER-YEAR CHANGE -4.2% -27.9% -0.4 Top County COOSA COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 4.39% 2.42% YEAR AGO 3.94% 2.67% YEAR-OVER-YEAR CHANGE 11.5% -9.4% Top Core-Based Statistical Area 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 3.17% 1.68% YEAR AGO 3.69% 1.98% YEAR-OVER-YEAR CHANGE -13.9% -15.0% 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 November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 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 NOVEMBER 2014 3.32% 1.34% 5.7 YEAR AGO 3.50% 1.88% 7.4 YEAR-OVER-YEAR CHANGE -5.2% -28.4% -1.7 Top County MISSISSIPPI COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 5.37% 3.41% YEAR AGO 5.10% 3.51% YEAR-OVER-YEAR CHANGE 5.3% -2.8% Top Core-Based Statistical Area BLYTHEVILLE, AR 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 5.37% 3.41% YEAR AGO 5.10% 3.51% YEAR-OVER-YEAR CHANGE 5.3% -2.8% 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 November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS HUD Bestows Seven Choice Neighborhood Planning Grants Totaling $3.2 Million e U.S. Department of Housing and Urban Development (HUD) awarded seven Choice Neighborhoods Planning grants worth $3.2 million in six cities, HUD Secre- tary Julián Castro announced while speaking to grant recipient Louisville Metro Housing Authority in Kentucky recently. e goal of HUD's signature place-based initiative, Choice Neighborhoods, is to trans- form struggling neighborhoods by addressing the challenges of distressed housing, inad- equate schools, poor health, high crime, and lack of capital, which are all interconnected. Choice Neighborhoods builds on the work of the Neighborhood Revitalization Initiative, a partnership formed in 2009 between HUD, the Department of Education, the Depart- ment of Health and Human Services, the Department of Justice, and Treasury. "ese Choice Neighborhood grants will spark the creation of community plans for progress," Castro said. "We look forward to working with local leaders to breathe new life into struggling neighborhoods, transforming them into places where residents can flourish and dreams can thrive." e grant recipients are: » City of Flint/Flint Housing Commis- sion in Flint, Michigan, South Saginaw neighborhood, $500,000 » City of Gary/Legacy Foundation and the City of Gary Economic Development Corporation, Gary, Indiana, University Park East neighborhood, $500,000 » Louisville Metro Housing Authority, Louisville, Kentucky, Russell neighbor- hood, $425,000 » Mobile Housing Board, Mobile, Alabama, ree Mile Trace neighborhood, $375,000 » Mobile Housing Board, Mobile, Ala- bama, omas James Place neighbor- hood, $457,500 » City of North Las Vegas/Southern Nevada Regional Housing Authority, North Las Vegas, Nevada, Urban Core neighborhood, $485,000 » Urban Strategies, Inc., St. Louis, Missouri, Near North Side Neighborhood, $500,000 Choice Neighborhoods supports the Ladders of Opportunity plan, which aims to improve the middle class by helping communi- ty partners rebuild neighborhoods, expanding early learning opportunities, creating pathways to jobs, and strengthening families. e Choice Neighborhoods Initiative focuses on three core goals: housing, where the focus is on replacing distressed public and assisted housing with high-quality, well-managed, mixed-income housing; people, where the focus is on improv- ing educational outcomes and intergenerational mobility for youth by providing services and supports directly to the youth and their fami- lies; and neighborhoods, where the focus is to create conditions that allow for public and pri- vate reinvestment in distressed neighborhoods to offer amenities and assets that are important to families' choices about their community. Broad civic engagement is needed in each area in order to develop a plan that meets the core goals of the Choice Neighborhoods Initiative. Community and civic leaders and local residents are leading the effort to revitalize communities, joining with stakeholders such as public housing authorities, police, cities, schools, business owners, nonprofits, and private developers to work together to create a plan that addresses community challenges and transforms distressed HUD housing. THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com.

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