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» VISIT US ONLINE @ DSNEWS.COM 79 IN THE NEWS Clayton Holdings Acquires ValuAmerica Provider of loan due diligence, surveillance, REO management, valuations, and consulting services to the mortgage and real estate industries, Clayton Holdings LLC, recently announced its newest acquisition: ValuAmerica, Inc., a Pittsburgh- based national title agency, appraisal management company, and technology provider. ValuAmerica is a national title agency and a fully-compliant appraisal management company with coverage across all 3,143 counties in the U.S. e company's award- winning technology platform, ValuNet xsp, helps mortgage lenders and their vendors streamline and manage their supply chains and operational workflows. "e acquisition of ValuAmerica significantly expands the scope of title and valuation services Clayton offers our in the state for foreclosure prevention and community stabilization, according to an an- nouncement from Schneiderman's office. e New York State Comptroller is cur- rently reviewing the grants for final approval; the grants are for one year with a possibility of a one-year renewal. With this round of fund- ing, the total invested in foreclosure prevention by Scheiderman's office is now more than $70 million. e latest round of funding will go to support the Homeowner Protection Program (HOPP), which is a statewide network of nearly 90 housing counseling and legal services agencies that provide free, high quality as- sistance to help struggling homeowners avoid foreclosure and stay in their homes. Since 2012, HOPP has assisted more than 50,000 at-risk homeowners achieve this goal. Schneiderman has supported HOPP with more than $100 million from settlements his office negoti- ated with the biggest banks in the wake of the housing crisis. Earlier in 2015, an additional $10.1 million investment, funded by settlements the AG reached with Bank of America and Citi in 2014, was announced across the state of New York. e investment went to assist 56 hous- ing counseling agencies within the HOPP network, according to Schneiderman. "New York has long been at the forefront of creating innovative ways to address the foreclosure crisis," Schneiderman said. "I have said since the day I took office that no one should ever lose their home because they didn't have access to a lawyer. My office is dedicated to using all the tools at our disposal to make sure mortgage servicers are held accountable in providing relief to New York families who continue to weather the foreclosure crisis." Schneiderman has made foreclosure prevention and recovery from the housing crisis priorities during his administration. His efforts have resulted in the creation of the HOPP network and two other key pillars, theNew York State Mortgage Assistance Program and AGScamHelp.com. mortgage clients and continues to show our commitment to being a complete solution provider to the mortgage and real estate industries," said Joe D'Urso, president of Clayton. "In addition to a full range of title and closing services, we are able to offer a full suite of valuation products—from full appraisals and BPOs to enhanced automated valuation estimates (AVEs)—as well as flood, property and mortgage information." Clayton, which is based in Shelton, Connecticut, noted that ValuAmerica will continue to operate under its current brand and at its current headquarters in Pittsburgh. ValuAmerica's senior management team, which is led by Shawn Murphy, will remain on board and continue to provide the same level of quality products and service to its clients. No other terms of the transaction were announced. "Joining with Clayton and its parent, Radian, gives us the resources to further develop the technology, infrastructure and vendor networks required for today's more competitive, compliance-focused environment," Murphy said. "Our entire management team is pleased to join the Clayton family and excited to be a part of its future growth." Pennsylvania RANK: 13 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 1.92% 1.97% 5.4 YEAR AGO 2.58% 2.38% 5.4 YEAR-OVER-YEAR CHANGE -25.6% -17.2% 0 Top County MONROE COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 3.72% 6.43% YEAR AGO 4.78% 9.40% YEAR-OVER-YEAR CHANGE -22.2% -31.6% Top Core-Based Statistical Area EAST STROUDSBURG, PA 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 3.72% 6.43% YEAR AGO 4.78% 9.40% YEAR-OVER-YEAR CHANGE -22.2% -31.6% 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 August 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Rhode Island RANK: 7 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 2.76% 2.30% 5.6 YEAR AGO 3.62% 2.44% 7.4 YEAR-OVER-YEAR CHANGE -23.6% -6.1% -1.8 Top County PROVIDENCE COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 3.33% 2.82% YEAR AGO 4.44% 2.94% YEAR-OVER-YEAR CHANGE -24.9% -4.2% Top Core-Based Statistical Area PROVIDENCE-WARWICK, RI-MA 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.82% 2.39% YEAR AGO 3.62% 2.44% YEAR-OVER-YEAR CHANGE -22.2% -2.2% 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 August 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. New York's foreclosure inventory rate for August 2015, second- highest among states only to New Jersey (4.6 percent). The national average was 1.2 percent. Source: Corelogic STAT INSIGHT 3.7%

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