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» VISIT US ONLINE @ DSNEWS.COM 75 Maine RANK: 4 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 2.40% 2.93% 4.5 YEAR AGO 2.45% 3.90% 5.6 YEAR-OVER-YEAR CHANGE -1.9% -24.9% -1.1 Top County SOMERSET COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 5.15% 6.27% YEAR AGO 4.85% 7.53% YEAR-OVER-YEAR CHANGE 6.2% -16.7% Top Core-Based Statistical Area BANGOR, ME 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 3.38% 4.57% YEAR AGO 3.04% 5.55% YEAR-OVER-YEAR CHANGE 11.2% -17.7% 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. Maryland RANK: 16 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 1.98% 1.81% 5.1 YEAR AGO 2.78% 2.53% 5.7 YEAR-OVER-YEAR CHANGE -28.6% -28.6% -0.6 Top County CAROLINE COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.92% 3.48% YEAR AGO 4.18% 5.12% YEAR-OVER-YEAR CHANGE -30.1% -32.1% Top Core-Based Statistical Area CAMBRIDGE, MD 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.40% 3.33% YEAR AGO 3.21% 4.86% YEAR-OVER-YEAR CHANGE -25.2% -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. IN THE NEWS Borrower Outreach Events Proving Successful at Preventing Foreclosures Foreclosures have been continually on the decline nationwide for a few years. While much of the decline can be attributed to a recovering economy, another driver of the drop in foreclosures is increased borrower outreach efforts from various organizations Borrower outreach events include HUD- approved housing counselors and mortgage servicers in order to give distressed borrowers a face-to-face meeting to work out a solution such as a permanent loan modification that will allow borrowers to remain in their homes. If a home retention solution cannot be worked out, often a non-foreclosure home forfeiture solution is offered such as a short sale or deed- in-lieu of foreclosure. Often, borrower outreach events include non-profits the servicers have partnered with or local civic leaders from the cities in which the events are held. On November 14, Ocwen Financial and the NAACP Maryland State Conference hosted a "Help & Hope for Homeowners" event in Upper Marlboro, Maryland; at that event, Ocwen Home Reten- tion Agents and HUD-approved counselors met one-on-one with approximately 325 borrowers to help them avoid foreclosure and make their monthly mortgage payments more manageable. "It is important to recognize that while some have recovered from the housing crisis, many families, especially in low-income communities, are still struggling to keep their homes. Saturday's turnout confirms that fact," explained Edsel Brown, Jr., NAACP Mary- land State Conference Economic Development Chair. "e NAACP is pleased that Ocwen is working with us on the local level to offer borrowers the opportunity to meet with their experienced home retention agents and HUD counselors face-to-face to explore modification options that can help save their homes." e Maryland event was the fourth in a series hosted by Ocwen and the NAACP this year (the others were in Illinois, Florida, and Maryland). Ocwen and the NAACP have met with approximately 800 homeowners in the four events. cluding residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs). S&P rated approximately 10,000 RMBS in 2006 and 2007 alone. e investors noted in the writ that "as the quality of the underlying housing loans declined and the RMBS and CDO products increasingly bundled " junk" loans, S&P intentionally adjusted its ratings models to rate those securities as AAA and investment grade in order to preserve and increase its market share." McGraw-Hill representatives nor the investors responded to requests for comment. e suit clearly did not affect operations at McGraw-Hill, as their third quarter earn- ings statement released Tuesday reflected a 5 percent increase in revenue to $1.32 billion compared to last year. "e performance in the quarter demon- strates the balance across the portfolio as the Company continued to deliver solid revenue growth, margin expansion and adjusted EPS growth during the third quarter despite a significant decline in global bond issuance," said Douglas L. Peterson, president and CEO of McGraw Hill Financial. He added, "is year's margin expansion is the result of top-line growth and a concerted focus across the Company to deliver on our productivity targets. As we look to continue to build shareholder value, we are ever more excited with the addition of SNL and the syn- ergy potential with S&P Capital IQ and Platts to create an offering that is distinctive and es- sential to the global financial markets. Lastly, we remain committed to actively repurchasing our shares–having repurchased 4.9 million shares in the last nine months." Washington, D.C.'s foreclosure inventory rate for September 2015, which ranked it fifth in the nation behind New Jersey, New York, Florida, and Hawaii. The national average for the month was 1.2 percent. Source: CoreLogic STAT INSIGHT 2.4%

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