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84 Kentucky RANK: 24 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 1.84% 1.49% 5.1 YEAR AGO 2.30% 1.74% 7.2 YEAR-OVER-YEAR CHANGE -19.8% -14.5% -2.1 Top County PERRY COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 3.50% 6.89% YEAR AGO 5.33% 6.09% YEAR-OVER-YEAR CHANGE -34.4% 13.1% Top Core-Based Statistical Area MOUNT STERLING, KY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 3.06% 2.88% YEAR AGO 3.68% 4.19% YEAR-OVER-YEAR CHANGE -16.7% -31.4% 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 March 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Louisiana RANK: 22 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 3.19% 1.63% 6.6 YEAR AGO 3.40% 2.01% 5.5 YEAR-OVER-YEAR CHANGE -6.1% -19.0% 1.1 Top County MOREHOUSE PARISH 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 8.16% 3.88% YEAR AGO 6.86% 2.49% YEAR-OVER-YEAR CHANGE 19.0% 55.4% Top Core-Based Statistical Area BASTROP, LA 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 8.16% 3.88% YEAR AGO 6.86% 2.49% YEAR-OVER-YEAR CHANGE 19.0% 55.4% 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 March 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Mississippi RANK: 21 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 4.68% 1.65% 6.8 YEAR AGO 5.28% 1.82% 7.8 YEAR-OVER-YEAR CHANGE -11.3% -9.4% -1 Top County WINSTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 6.22% 5.12% YEAR AGO 9.46% 3.12% YEAR-OVER-YEAR CHANGE -34.2% 63.9% Top Core-Based Statistical Area VICKSBURG, MS 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 8.26% 3.13% YEAR AGO 9.04% 3.30% YEAR-OVER-YEAR CHANGE -8.6% -5.1% 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 March 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. North Carolina RANK: 35 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 2.10% 0.89% 5.4 YEAR AGO 2.48% 1.13% 6.4 YEAR-OVER-YEAR CHANGE -15.7% -21.0% -1 Top County HERTFORD COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 5.93% 2.82% YEAR AGO 5.75% 2.61% YEAR-OVER-YEAR CHANGE 3.1% 8.2% Top Core-Based Statistical Area HENDERSON, NC 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 6.42% 1.89% YEAR AGO 7.36% 1.84% YEAR-OVER-YEAR CHANGE -12.7% 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 March 2015 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary March 2015 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Brady & Kosofsky Passes Compliance Audit Matthews, North Carolina-based default servicing and real estate closing law firm Brady & Kosofsky P.A. announced that the firm has successfully completed a Service Organization Control 2 (SOC 2) Type 1 certi- fication under AT Section 101. e completion of this certification indicates that the independent auditing firm of Kushner, Smith, Joanou & Gregson of Newport Beach, California, has formally evaluated the processes, procedures, and controls adopted by Brady & Kosofsky in their validated private cloud. e certification includes the firm's controls related to, among other things, the Trust Services Principles and Criteria of Security and Availability. e firm is able to provide HED search and curative services in connection with operation of all areas of default servicing and other areas of real estate, including the Real Estate Closing Industry, National REO Industry, RELO Industry, and Loss Mitiga- tion Industry to Servicers, Asset Manage- ment Companies, HED Insurance Agencies, HED Insurance Underwriters, Banks, and Mortgage Origination. Organizations subject to Consumer Financial Protection Bureau oversight and other requirements may lever- age, as part of their compliance strategy, the Brady & Kosofsky SOC 2 Type 1 report. "SOC 2 exams are rigorous independent assessments, geared toward service providers who handle non-public private information of consumers, especially providers of mortgage products and other financial services to regulated banks and their activities in the disposition of real estate owned after foreclo- sure (REO), loss mitigation and foreclosure avoidance procedures such as loan modifica- tions, deeds-in-lieu of foreclosure, and short sales," said Jaime Kosofsky, a partner with the firm, who oversees the company's compliance efforts. "With the release of the comments of the OCC and CFPB Bulletin 2012-03, it became apparent that our banking partners and clients would benefit if our firm took steps to define our security protocols and have them scrutinized by a third party." e audit includes a full assessment of security (ensuring data centers are protected against both physical and logical unauthor-

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