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86 Louisiana RANK: 22 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate FEBRUARY 2015 3.46% 1.64% 6.7 YEAR AGO 3.55% 2.05% 5.4 YEAR-OVER-YEAR CHANGE -2.7% -20.0% 1.3 Top County ST. JOHN THE BAPTIST PARISH 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 7.64% 3.87% YEAR AGO 6.36% 4.29% YEAR-OVER-YEAR CHANGE 20.0% -9.7% Top Core-Based Statistical Area BASTROP, LA 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 8.54% 3.70% YEAR AGO 7.15% 2.05% YEAR-OVER-YEAR CHANGE 19.4% 80.3% 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 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. Mississippi RANK: 20 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate FEBRUARY 2015 5.00% 1.67% 7 YEAR AGO 5.36% 1.90% 7.9 YEAR-OVER-YEAR CHANGE -6.6% -12.1% -0.9 Top County WINSTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 5.87% 5.08% YEAR AGO 8.58% 2.72% YEAR-OVER-YEAR CHANGE -31.6% 86.4% Top Core-Based Statistical Area VICKSBURG, MS 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 9.50% 3.15% YEAR AGO 9.65% 3.55% YEAR-OVER-YEAR CHANGE -1.6% -11.2% 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 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. North Carolina RANK: 34 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate FEBRUARY 2015 2.29% 0.90% 5.3 YEAR AGO 2.58% 1.20% 6.5 YEAR-OVER-YEAR CHANGE -11.3% -24.8% -1.2 Top County HERTFORD COUNTY 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 5.80% 2.69% YEAR AGO 5.23% 3.24% YEAR-OVER-YEAR CHANGE 11.1% -16.8% Top Core-Based Statistical Area HENDERSON, NC 90+ Day Foreclosure Delinquency Rate Rate FEBRUARY 2015 6.43% 2.17% YEAR AGO 7.32% 2.27% YEAR-OVER-YEAR CHANGE -12.1% -4.7% 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 RoundPoint Expects Substantial MSR Purchase Growth to Continue in 2015 Charlotte, North Carolina-based Round- Point Mortgage Servicing Corporation has announced that the firm's co-issue mortgage servicing rights (MSR) purchases grew year- over-year by 257 percent in 2014. e growth has continued into the first quarter of 2015, and management expects that growth to continue throughout the year. RoundPoint began building its co-issue desk in 2013 and began acquiring MSRs via the co-issue desk in mid-2013 in order to capitalize on opportunity presented by low interest rates and attractive returns on servicing rights, according to the announce- ment. e MSR purchase data was taken from a recent analysis of the company's MSR purchase history. "We are very proud of what we have ac- complished over the past few years, but our growth last year is a real source of satisfaction for us," RoundPoint President Dave Worrall said. "Not only are we building our portfolio and servicing it effectively and profitably, but we're also partnering with some great origi- nators. I'm very proud of what we've been able to do together and look forward to continued growth." e co-issue conduit program was built specifically by RoundPoint to meet the needs of mid-tier lenders, including many who had not previously sold to the agencies. Today, the co-issue conduit serves all three agencies, pro- viding a one-stop shop for co-issue execution, and it is one of the most active flow co-issue conduit programs in the industry. "One of the keys to making this kind of a program work involves having a highly ef- ficient transition and boarding process," said Craig Freel, SVP of portfolio management for RoundPoint Mortgage Servicing. "You want to have a seamless borrower experience in order to maximize customer satisfaction. But you also need to have a program that efficiently moves borrowers into the servic- ing portfolio so lenders can receive prompt payment to fuel the continued growth of their businesses." RoundPoint also grew its subservicing business in 2014. e company acts as a sub- servicer for originators that often choose to retain servicing rights on loans they originate. Many of the originators for which Round- Point serves as subservicer are also co-issue clients. "We've been very forward focused over the past two years on building our MSR co-issue desk, and in 2015 we began focusing on growing our subservicing business that provides the same level of service our clients have come to expect from the co-issue desk," Worrall said. The number of completed foreclosures in North Carolina for the 12-month period ending in February 2015, which ranked fifth among non-judicial foreclosure states despite having a foreclosure inventory rate (0.9 percent) and a serious delinquency rate (3.4 percent) both below the national average. Source: CoreLogic STAT INSIGHT 19,881