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ยป VISIT US ONLINE @ DSNEWS.COM 89 Alaska RANK: 52 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2015 0.91% 0.45% 6.6 YEAR AGO 1.05% 0.54% 6.9 YEAR-OVER-YEAR CHANGE -13.0% -16.7% -0.3 Top County FAIRBANKS NORTH STAR BOROUGH 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 1.59% 1.09% YEAR AGO 1.89% 1.10% YEAR-OVER-YEAR CHANGE -16.1% -0.9% Top Core-Based Statistical Area FAIRBANKS, AK 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 1.59% 1.09% YEAR AGO 1.89% 1.10% YEAR-OVER-YEAR CHANGE -16.1% -0.9% 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. Arizona RANK: 45 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2015 1.07% 0.58% 6.3 YEAR AGO 1.35% 0.62% 6.7 YEAR-OVER-YEAR CHANGE -21.3% -6.3% -0.4 Top County APACHE COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 1.31% 1.17% YEAR AGO 1.95% 0.93% YEAR-OVER-YEAR CHANGE -32.7% 25.2% Top Core-Based Statistical Area SIERRA VISTA-DOUGLAS, AZ 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 1.26% 1.10% YEAR AGO 1.63% 0.88% YEAR-OVER-YEAR CHANGE -23.0% 24.8% 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 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. California RANK: 48 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JULY 2015 1.15% 0.54% 6.1 YEAR AGO 1.42% 0.67% 7.4 YEAR-OVER-YEAR CHANGE -19.5% -18.8% -1.3 Top County DEL NORTE COUNTY 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 1.50% 2.04% YEAR AGO 2.69% 1.79% YEAR-OVER-YEAR CHANGE -44.1% 14.3% Top Core-Based Statistical Area CRESCENT CITY, CA 90+ Day Foreclosure Delinquency Rate Rate JULY 2015 1.50% 2.04% YEAR AGO 2.69% 1.79% YEAR-OVER-YEAR CHANGE -44.1% 14.3% 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 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 Los Angeles Drops Mortgage Discrimination Suit Against JPMorgan Chase e city of Los Angeles has dropped a lawsuit accusing JPMorgan Chase & Co of discriminatory lending toward minority bor- rowers. is dropped suit concluded the first of Los Angeles' four lawsuits alleging that JPMorgan and other major banks participated in discriminatory lending practices since 2004, which increased foreclosures among minor- ity borrowers, according to Reuters and other media reports. Reuters reported that in a recent filing from the U.S. District Court for Central Dis- trict of California, the agreement terminated a lawsuit that would have held the bank liable for minority neighborhood foreclosures and lost property tax revenues caused by declining home values. Reuters also noted that JPMorgan denied any discrimination toward minority borrowers, according to court filings. In addition its lawsuit against JPMorgan, the city of Los Angeles is also pursuing lawsuit for nearly identical discriminatory issues with Bank of America Corp., Wells Fargo & Co, and Citigroup, Inc., Bank of America, Wells Fargo, and Citigroup were recently in the headlines this week as the 11th U.S. Circuit Court of Appeals revived three lawsuits the were brought about by the City of Miami, accusing Wells Fargo & Co, Bank of America Corp., and Citigroup of discriminatory and predatory mortgage lending practices to mi- nority borrowers. e lawsuit, originally introduced to a lower court by the City of Miami on Decem- ber 13, 2011, alleged that each bank in question had participated in a decade-long pattern of discriminatory lending by targeting blacks and Hispanics for predatory loans. e court documents related to this case revealed that the city alleged that the banks "refused to extend credit to minority borrowers when compared to white borrow- ers," then "when the bank did extend credit, it did so on predatory terms." e Los Angeles suit, and many others like it extended from the financial crisis era were brought about by local governments who claimed that "damages for economic destruc- tion wrought nationwide by foreclosures, lost taxes and neighborhood blight," Reuters said. Like the Miami lawsuit, the Los Angeles complaint said that JPMorgan practiced "red- lining, or the denial of credit to minority borrowers, and then reverse red-lining, or targeting minorities for costly subprime loans they could not afford," Reuters said. A JPMorgan spokesperson said that they are happy with Los Angeles' decision and that they "have consistently supported the Los Angeles community and helped thousands of families get into homes they can afford," ac- cording to Reuters. As of June 2015, California has experienced the largest decline in distressed sales share from its peak, having fallen 58.3 percentage points from the peak of 67.4 percent in January 2009, according to CoreLogic. KNOW THIS