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80 Illinois RANK: 11 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate FEBRUARY 2015 2.17% 2.03% 6 YEAR AGO 2.56% 3.20% 7.9 YEAR-OVER-YEAR CHANGE -15.3% -36.6% -1.9 Top County HANCOCK COUNTY 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 3.28% 8.82% YEAR AGO 6.03% 6.63% YEAR-OVER-YEAR CHANGE -45.6% 32.9% Top Core-Based Statistical Area TAYLORVILLE, IL 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 2.44% 4.47% YEAR AGO 2.53% 5.30% YEAR-OVER-YEAR CHANGE -3.5% -15.5% 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 February 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary February 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Vermont RANK: 9 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate FEBRUARY 2015 1.64% 2.10% 3.9 YEAR AGO 1.84% 2.88% 4 YEAR-OVER-YEAR CHANGE -10.9% -27.1% -0.1 Top County GRAND ISLE COUNTY 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 1.95% 4.65% YEAR AGO 2.61% 5.08% YEAR-OVER-YEAR CHANGE -25.3% -8.5% Top Core-Based Statistical Area RUTLAND, VT 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 2.12% 2.91% YEAR AGO 2.58% 4.13% YEAR-OVER-YEAR CHANGE -17.8% -29.5% 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 February 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary February 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Indiana RANK: 18 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate FEBRUARY 2015 2.39% 1.76% 5.9 YEAR AGO 2.79% 2.27% 6.1 YEAR-OVER-YEAR CHANGE -14.2% -22.6% -0.2 Top County OHIO COUNTY 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 1.01% 4.72% YEAR AGO 2.86% 2.97% YEAR-OVER-YEAR CHANGE -64.6% 59.1% Top Core-Based Statistical Area FRANKFORT, IN 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 3.17% 3.76% YEAR AGO 4.23% 3.54% YEAR-OVER-YEAR CHANGE -25.1% 6.0% 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 February 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary February 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Bank of America Loses Bid to Have Chicago Predatory Lending Lawsuit Dismissed A federal judge has rejected Bank of America's bid to dismiss a lawsuit filed by Cook County, Illinois, in which the county accused the megabank of predatory lending practices in the Chicago area. U.S. Judge Elaine Bucklo in Chicago ruled that Cook County, the nation's second- most populated county behind only Los Angeles, would be allowed to pursue its case against Bank of America. According to re- ports and to Bank of America's statement, the judge did not rule on the merits of the case. e county alleges that the bank engaged in a practice commonly known as "reverse redlining" in which a lender extends access to credit based on unfair terms such as race or ethnicity and in certain geographic areas. e lawsuit accuses Bank of America of making about 95,000 loans to minority borrowers on less favorable terms than those extended to white borrowers, according to reports. Cook County says that the bank's alleged predatory lending practices resulted in a higher number of foreclosures, increased blight, and lower property taxes in urban Chicago. Bank of America was seeking to have the suit dismissed, claiming that the county lacked standing to sue and waited too long to initiate litigation. e bank also says the county did not prove that the bank violated the Fair Housing Act, according to reports. "is is a procedural ruling, not a decision on the merits of the county's case," Bank of America said in a prepared statement. "e court's ruling makes clear that while the county makes plausible allegations to allow the case to proceed, it will bear the ultimate burden of supporting its claims with competent evidence at future stages of the litigation. e factual and legal issues in this case will be very complex. Bank of America's record demonstrates a firm commitment and strong record for fair and responsible lending and community revitalization. We responded with urgency to rising mortgage defaults that resulted from the nation's severe economic downturn, which the county's suit all but ignores, providing unprecedented assistance to customers who have suffered personal financial hardships, and working with gov- ernment agencies and nonprofit organizations to revitalize neighborhoods." e judge noted in her ruling that the U.S. Supreme Court is expected to rule in June as to the scope of claims that can be made under the Fair Housing Act, and that decision could have an impact on the Cook County case against Bank of America. Cook County brought a similar case against another megabank, Wells Fargo, in December, alleging that the bank engaged in a practice known as "equity stripping" in which the lender targets minorities for high- cost mortgage loans in order to maximize profits and assets without regard to the bor- rower's ability to repay the loan. Last March, Cook County sued HSBC Holdings, claim- ing similar predatory lending practices. The foreclosure inventory rate (1.8 percent) and serious delinquency rate (5.0 percent) in Illinois for February remained slightly above the national averages for the month of 1.4 percent and 4.0 percent, respectively, according to CoreLogic. KNOW THIS

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