DS News

» VISIT US ONLINE @ DSNEWS.COM 87 California RANK: 47 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 1.16% 0.57% 6.5 YEAR AGO 1.66% 0.78% 7.9 YEAR-OVER-YEAR CHANGE -30.1% -26.9% -1.4 Top County TRINITY COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 0.78% 2.22% YEAR AGO 1.48% 1.64% YEAR-OVER-YEAR CHANGE -47.2% 34.9% Top Core-Based Statistical Area CRESCENT CITY, CA 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 1.83% 2.16% YEAR AGO 2.88% 1.54% YEAR-OVER-YEAR CHANGE -36.4% 40.6% 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. Colorado RANK: 52 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MARCH 2015 0.95% 0.44% 4.2 YEAR AGO 1.26% 0.62% 5.5 YEAR-OVER-YEAR CHANGE -24.4% -28.2% -1.3 Top County HUERFANO COUNTY 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 1.14% 2.96% YEAR AGO 1.30% 1.39% YEAR-OVER-YEAR CHANGE -11.7% 113.6% Top Core-Based Statistical Area CRAIG, CO 90+ Day Foreclosure Delinquency Rate Rate MARCH 2015 1.93% 1.69% YEAR AGO 1.86% 0.87% YEAR-OVER-YEAR CHANGE 4.3% 94.8% 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. only create a safe, efficient, robust automated system for them to manage tasks, house documentation, administer Later Life Planning programs for their many retirement-age clients, detail sales transactions, and more, it will also enable us to help them identify the best housing solutions for thousands of seniors," Krein said. "Millions of seniors from the baby boomer generation are downsizing their housing needs and together, our two companies will help those who choose to list their current homes to do so, while also helping to manage the entire transaction for them." Krein said agent- and broker-RIO platform users with the Later Life Planning-Approved certification will now be able to derive more business in their sphere and also have the opportunity to obtain listings in their respective areas and sales referrals from e Life Planning Companies' platform. "Our company is committed to helping the rapidly growing senior population to preserve sustainable cash flow and help them distribute their assets in a manner best reflecting their legacy," said Scott Cohen, president and CEO of e Life Planning Companies. "Our relationship with RIO Genesis will no doubt help many, many people who are seeking a change in their housing needs going forward." NRES, based in Southern California, is a premium provider of comprehensive residential, multifamily, and commercial property services. e interconnected division at NRES will benefit individually and collectively from the RIO Genesis platform. "e relationship we are building with NRES will create a safe, efficient, robust automated system for them to manage a multitude of independent and interrelated work order task tracking, process flows, detail sales transactions, vendor management, compliance issues, and much more, "Krein said. "NRES is a rapidly growing, successful organization that recognized the tremendous value of the RIO Genesis technology platform to take them to the next level of performance in all their service offering categories." NRES CEO Brian Mingham said his firm has earned customer loyalty by servicing clients in various capacities for more than a decade. Mingham strongly felt that in order to build on that loyalty IN THE NEWS RIO Genesis Announces Partnerships With Two Real Estate Firms California-based firms e Life Planning Companies and National Real Estate Solutions (NRES) have teamed with Henderson, Nevada-based RIO Genesis to take advantage of RIO's breakthrough technology platform, national real estate broker organization (the NRBA), and numerous RIO Genesis users, real estate brokers, and agents, according to an announcement from RIO Genesis CEO Michael Krein. e Life Planning Companies, based in Calabasas, California, in particular understands the housing needs of seniors, with a large percentage of real estate listings and transactions coming in that area). "e relationship we are building with e Life Planning Companies and its affiliated companies will not and meet the complex needs of existing and potential clients, the firm needed to utilize the latest technology platform available as it continued to grow. NRES serves as a "one-stop shop" far overall service capabilities, but at the same time clients can select services that best suit their specific needs from a menu of services. "Our entire company is committed to helping banks, mortgage servicers, insurance companies, real estate investors, and asset managers with nationwide residential, multifamily, and commercial property inspection, maintenance and preservation services, repairs, valuations, asset management, and construction risk management services," said Mingham, who began his notable career in the mortgage industry on the loan origination side of the business. "Our relationship with RIO Genesis is a logical extension of that commitment and will help us to better serve our clients moving forward." Mingham also said a steady stream of REO listing and sales opportunities will be made available to agents who are NRBA members as well as other RIO Genesis platform users.

• Cover