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78 New Hampshire RANK: 35 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2015 1.54% 0.89% 3.6 YEAR AGO 1.95% 1.07% 4.2 YEAR-OVER-YEAR CHANGE -21.0% -17.1% -0.6 Top County COOS COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 2.17% 1.84% YEAR AGO 3.02% 1.71% YEAR-OVER-YEAR CHANGE -28.3% 7.9% Top Core-Based Statistical Area BERLIN, NH-VT 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 2.13% 2.07% YEAR AGO 3.02% 1.71% YEAR-OVER-YEAR CHANGE -29.6% 21.5% 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 July 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. New Jersey RANK: 1 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2015 2.78% 5.04% 5.7 YEAR AGO 3.06% 6.10% 6.4 YEAR-OVER-YEAR CHANGE -9.2% -17.3% -0.7 Top County SALEM COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 4.17% 9.12% YEAR AGO 5.24% 10.87% YEAR-OVER-YEAR CHANGE -20.3% -16.1% Top Core-Based Statistical Area VINELAND-BRIDGETON, NJ 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 5.80% 7.93% YEAR AGO 6.60% 9.85% YEAR-OVER-YEAR CHANGE -12.0% -19.6% 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 July 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Fannie Mae's First Community Impact NPL Pool Goes to New Jersey Non-Profit Fannie Mae announced that non-profit New Jersey Community Capital (NJCC) is the winning bidder for the GSE's first-ever Community Impact Pool of deeply delinquent non-performing loans (NPLs). e Community Impact Pool of NPLs was specifically structured to attract bidding by non-profits, small investors, and minority- and women-owned businesses (MWOBs). Fannie Mae marketed the Community Impact Pool at the same time as two larger pools consisting of approximately 3,900 NPLs, which sold in mid-August for a combined $765 million. e winning bidder in that transaction was Lone Star (LSF9 Mortgage Holdings, LLC). e smaller Community Impact Pool con- sists of 75 high-occupancy and geographically focused loans in the Tampa, Florida, area with about $11 million in unpaid principal balance (UPB). e transaction is expected to close on October 26, 2015, according to Fannie Mae. e winning bidder, NJCC, is a nonprofit commu- nity development financial institution (CDFI) that transforms at-risk communities through strategic investments of capital and knowledge. "We're proud to partner with New Jersey Community Capital to help neighborhoods sta- bilize and recover," said Joy Cianci, Fannie Mae's SVP for Credit Portfolio Management. "is sale will reduce our holdings of non-performing loans while giving homeowners additional op- tions to avoid foreclosure. We will continue to structure loan sales to foster participation of non- profits and small investors and we look forward to working closely with these groups." Fannie Mae began marketing its second NPL sale, which included the Community Impact Pool, to potential bidders on July 16 in collaboration with Credit Suisse Securi- ties, Wells Fargo Securities, and the Wil- liams Capital Group. e cover bid price for the Community Impact Pool is 81.43 percent of UPB (67.13 percent of the broker's price opinion, or BPO). For the 75 loans, the average loan size was $143,572 and the average note rate was 5.43 percent. e loans were an average of approximately 39 months delinquent, and the average BPO loan-to-value was 82 percent. "We are thrilled for the opportunity to continue to expand NJCC's innovative fore- closure mitigation and prevention programs in Florida to help keep families in their homes and enable distressed communities to flourish," said Wayne T. Meyer of NJCC. "rough our loss mitigation programs, which utilize princi- pal reduction as a key part of right sizing bor- rowers' first mortgage debt, we have already helped over 200 homeowners in Florida and look forward to continuing this progress." In May, Fannie Mae closed its first-ever bulk NPL sale. at transaction included approximately 3,000 deeply delinquent resi- dential single-family mortgage loans totaling about $762 million in UPB. New Jersey Lisa G Lopez Broker of Record Home Alliance Realty 142 E. Bay Ave Manahawkin, NJ 08050 609-978-9009 (o) 609-384-5109 (c) lglopez@verizon.net www.HomeAllianceRealty.com www.LisaLopezProperties.com New Jersey's foreclosure inventory rate as of the end of July 2015, tops among states and four times the national rate of 1.2 percent for the month. Source: CoreLogic STAT INSIGHT 4.8%