DS News

82 Missouri RANK: 37 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2015 1.81% 0.80% 5.7 YEAR AGO 2.30% 0.84% 6.3 YEAR-OVER-YEAR CHANGE -21.3% -5.2% -0.6 Top County MISSISSIPPI COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 4.66% 2.83% YEAR AGO 4.24% 2.91% YEAR-OVER-YEAR CHANGE 9.8% -2.7% Top Core-Based Statistical Area MEXICO, MO 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 0.82% 1.98% YEAR AGO 3.83% 1.37% YEAR-OVER-YEAR CHANGE -78.7% 44.8% 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. Nebraska RANK: 47 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2015 1.27% 0.57% 2.5 YEAR AGO 1.57% 0.57% 3.4 YEAR-OVER-YEAR CHANGE -18.9% -0.5% -0.9 Top County BURT COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 3.41% 2.03% YEAR AGO 5.77% 0.94% YEAR-OVER-YEAR CHANGE -40.9% 114.5% Top Core-Based Statistical Area SCOTTSBLUFF, NE 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 1.27% 1.45% YEAR AGO 1.04% 1.07% YEAR-OVER-YEAR CHANGE 22.6% 35.1% 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 Dakota RANK: 50 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2015 0.43% 0.52% 3.1 YEAR AGO 0.56% 0.64% 2.7 YEAR-OVER-YEAR CHANGE -23.1% -19.4% 0.4 Top County TRAILL COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 0.33% 2.30% YEAR AGO 0.89% 1.55% YEAR-OVER-YEAR CHANGE -62.7% 48.0% Top Core-Based Statistical Area JAMESTOWN, ND 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 0.43% 0.82% YEAR AGO 0.90% 0.57% YEAR-OVER-YEAR CHANGE -52.1% 43.8% 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. Ohio RANK: 19 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2015 2.10% 1.72% 5.2 YEAR AGO 2.66% 2.26% 5.9 YEAR-OVER-YEAR CHANGE -21.0% -24.0% -0.7 Top County MEIGS COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 2.86% 3.85% YEAR AGO 5.16% 3.04% YEAR-OVER-YEAR CHANGE -44.6% 26.7% Top Core-Based Statistical Area ASHTABULA, OH 90+ Day Foreclosure Delinquency Rate Rate APRIL 2015 2.81% 3.64% YEAR AGO 3.52% 4.47% YEAR-OVER-YEAR CHANGE -20.2% -18.6% 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. IN THE NEWS Re-Introduced Ohio Foreclosure Expedition Bill Passes House, Heads for Senate Vote A bill to expedite the lengthy foreclosure process and eliminate blight in Ohio neighbor- hoods that has national implications has been reintroduced and has passed by a unanimous vote in the Ohio House of Representatives. Ohio HB 134, a bipartisan bill co-sponsored by state Reps. Cheryl Grossman (Republican) and Michael Curtin (Democrat), is a new version of Ohio HB 223, originally introduced in June 2013 by Grossman and Curtin. at bill passed unanimously in the Ohio House in April 2014 but was hung up in the Ohio Senate for eight months, where it was suddenly killed without explanation shortly before the end of the general assembly in December. is time, the bill's sponsors hope for a different outcome. Grossman said after the Ohio Senate session in late May that they would likely be tweaking the bill to improve its chances of passing in a Senate vote. Among other provisions, Ohio HB 134 allows the mortgagee to bring a summary fore- closure action against a vacant and abandoned residential property, allows a court to declare a foreclosed property as vacant and abandoned if it meets certain criteria, authorizes the mortgagee to enter and secure a property that has been declared vacant and abandoned, and establishes new procedures for the sheriff's sale of a residential property for subsequent sales if it doesn't sell on the first attempt. e bill is intended to expedite the foreclo- sure process in Ohio, where the average time to complete a foreclosure is two to three years, and therefore reduce blight—which invites larger problems such as lower property values, squat- ters, vandalism, and violent crime and results in entire neighborhoods being decimated. e goal of the bill is to reduce the time it takes to complete a foreclosure to about six months. "When properties become blighted, it becomes problematic for the entire neighbor- hood," Grossman said. "I think it has been pretty well acknowledged across the country what a problem these properties are. Ohio is not unique. It's a nationwide problem." Grossman said she invited Curtin to return as a co-sponsor for the bill to make it bipar-

• Cover