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» VISIT US ONLINE @ DSNEWS.COM 109 New York RANK: 2 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JUNE 2015 2.18% 3.89% 5.5 YEAR AGO 2.75% 4.67% 6.3 YEAR-OVER-YEAR CHANGE -20.7% -16.7% -0.8 Top County SULLIVAN COUNTY 90+ Day Foreclosure Delinquency Rate Rate JUNE 2015 2.80% 1.93% YEAR AGO 3.21% 1.58% YEAR-OVER-YEAR CHANGE -12.9% 22.0% Top Core-Based Statistical Area AMSTERDAM, NY 90+ Day Foreclosure Delinquency Rate Rate JUNE 2015 4.17% 7.93% YEAR AGO 5.06% 8.11% YEAR-OVER-YEAR CHANGE -17.6% -2.3% 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 June 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. New York Todd Yovino Broker/Owner Island Advantage Realty, LLC Metropolitan New York and Long Island's Default Specialist for Over 26 Years Todd@iarny.com | 631-820-3400 www.islandadvantage.com IN THE NEWS New York AG Highlights Success of Home Retention Programs New York Attorney General Eric Schnei- derman highlighted the success of three programs the New York Office of the Attorney General (OAG) has created in the last five years to combat the effects of the housing crisis, according to an announcement from the New York OAG office. Schneiderman said the three programs his office has created—the Homeowner Protec- tion Program (HOPP), the New York State Mortgage Assistance Program (NYS MAP), and AGScamHelp.com—have benefited tens of thousands of homeowners in New York State by helping them avoid foreclosure and keeping them in their homes. "When I took office in 2011, I made a commitment to rebuild and revitalize New York communities devastated by the fore- closure crisis," Schneiderman said. "anks to the success of the Homeowner Protection Program, Mortgage Assistance Program, and AGScamHelp.com, my office has been able to help 43,000 families—including hundreds in the North Country—stay in their homes. I will continue to fight for justice for the victims of the housing crisis." HOPP is a network of about 90 housing counseling and legal services agencies aimed at providing free high-quality assistance to distressed homeowners at risk of foreclosure. Since HOPP's launch in June 2012, it has supported more than 43,000 homeowners in New York. e program is supported by $100 million out of the multibillion-dollar settle- ments Schneiderman helped negotiate out of incidents stemming from the financial crisis. NYS MAP was launched in September 2014 to help provide families who are at imme- diate risk of losing their homes to foreclosure with small loans to help pay off debts that pre- vent them from qualifying for mortgage modi- fications. e program, which is also funded by money from settlements, offers loans of up to $40,000 to help borrowers pay mortgage ar- rears, second or third liens that are delinquent, or unpaid property tax bills. In less than a year, the program has approved 212 loans totaling $6 million, with an average loan size of $24,555, according to Schneiderman's office. e OAG is working with two agencies, Center for New York City Neighborhoods (CNYCN) and Empire Justice Center, to assist in the operations of NYS MAP. e program is modeled after a New York City-funded pilot program administered through CNYCN, ac- cording to Schneiderman's office. AGScamHelp.com is a Web-based app launched in December 2014 in direct response to the growing number of mortgage rescue scams both in New York and nationwide. e app, which is also funded by money from settlements, is aimed at helping borrowers seeking assistance avoid foreclosure scams by helping those homeowners determine if a mortgage assistance company has been vetted by a government agency. e OAG encourages borrowers facing foreclosure to work only with free, qualified housing counseling agencies within HOPP. More than 42,000 homeown- ers have been conned out of $100 million nationwide, according to a December 2014 report from the Center for NYC Neighbor- hoods and the Lawyers Committee for Civil Rights Under Law. "I applaud Attorney General Schneider- man for his ongoing commitment to re- building rural communities like the North Country," New York state Sen. Betty Little said. "We're still reeling from the financial crash that started nearly a decade ago. e mortgage assistance programs created by Attorney General Schneiderman are a much- needed safety net for North Country families at risk of losing their homes." Mission Capital to Advise on $57.6 Million Loan Sale for FDIC New York-based real estate capital markets solutions firm Mission Capital Advisors an- nounced that the Federal Deposit Insurance Corporation (FDIC) has retained the firm's Commercial Loan Sales and Trading Group as the loan sale advisor on a diverse portfolio of loans with an aggregate unpaid principal balance of $57.6 million. e diverse portfolio includes 122 real estate and business loans and is being offered in nine separate pools, according to Mission Capital. e firm's team of Michael Britvan, Kyle Kaminski, and Balin Michael is handling the transaction on behalf of the FDIC. e types of loans included in the portfolio include residential real estate; commercial real estate; acquisition, development, and construc- New York had the second-largest cash sales share among states in May 2015 with 45.8 percent. Only Florida had a larger share with 47.8 percent, according to CoreLogic. KNOW THIS

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