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ยป VISIT US ONLINE @ DSNEWS.COM 77 inspect properties with delinquent mortgages to determine if they are still occupied. Also as part of the bill, mortgagees and their agents are required to electroni- cally register zombie properties in a newly created statewide database, the Vacant and Abandoned Property Registry, which will be established and maintained by Schneider- man's office. Community residents can use a toll-free hotline to report suspected vacant properties, which can identify the mortgagee responsible for maintaining them. Respon- sible parties who fail to register abandoned properties will be subject to a civil penalty, according to Schneiderman's announcement. Among the new provisions of the bill are a call to expedite the currently lengthy foreclosure process in New York and to direct penalties received for noncompliance with the law into a fund that local municipalities can use for enforcement of the law in the munici- pality where the violation occurred. "e foreclosure crisis left neighborhoods scarred by vacant and abandoned properties. e introduction of the Abandoned Prop- erty Neighborhood Relief Act brings New York State a step closer to curing the blight these properties bring to neighborhoods by holding banks accountable for their upkeep," said New York State Sen. Jeff Klein, Senate Coalition Co-Chair and sponsor of the new bill, S.4781. "We expect banks to maintain properties and we will keep a list of empty homes. We want to support towns and coun- ties who have been dealing with the blight of zombie properties for too long. With the support of Attorney General Eric Schneider- man, my colleagues in the Senate, and the Assembly, I hope we can pass this crucial package of legislation for New Yorkers." Pennsylvania RANK: 12 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 2.22% 1.97% 5.3 YEAR AGO 2.65% 2.54% 6.1 YEAR-OVER-YEAR CHANGE -16.2% -22.5% -0.8 Top County MONROE COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 4.33% 7.28% YEAR AGO 5.29% 10.22% YEAR-OVER-YEAR CHANGE -18.2% -28.8% Top Core-Based Statistical Area EAST STROUDSBURG, PA 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 4.33% 7.28% YEAR AGO 5.29% 10.22% YEAR-OVER-YEAR CHANGE -18.2% -28.8% 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. Rhode Island RANK: 16 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 3.37% 1.91% 6.3 YEAR AGO 3.79% 2.55% 8.2 YEAR-OVER-YEAR CHANGE -10.9% -25.3% -1.9 Top County PROVIDENCE COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 4.14% 2.40% YEAR AGO 4.67% 3.06% YEAR-OVER-YEAR CHANGE -11.2% -21.7% Top Core-Based Statistical Area PROVIDENCE-WARWICK, RI-MA 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 3.48% 2.12% YEAR AGO 3.79% 2.55% YEAR-OVER-YEAR CHANGE -8.0% -17.1% 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. Vermont RANK: 11 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 1.40% 2.02% 3.8 YEAR AGO 1.73% 2.80% 4 YEAR-OVER-YEAR CHANGE -18.8% -27.9% -0.2 Top County GRAND ISLE COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 1.56% 4.52% YEAR AGO 2.68% 5.25% YEAR-OVER-YEAR CHANGE -41.7% -13.9% Top Core-Based Statistical Area RUTLAND, VT 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 1.90% 2.93% YEAR AGO 2.45% 4.05% YEAR-OVER-YEAR CHANGE -22.6% -27.7% 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 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. THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. The foreclosure inventory rate in New York for March, second among states behind only New Jersey (5.3 percent) for the month. Source: CoreLogic STAT INSIGHT 4.0%