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84 Minnesota www.MinnesotaREO.com 612-669-6324 952-829-2938 763-432-7640 612-821-7500 952-844-1511 763-533-9133 651-209-8444 507-424-6026 Bruce McAlpin Jeff Detloff Long H. Doan Maribel Garcia Garth Johnson Craig Murphy Michael Olsen Brian Rossow MIDWEST REGION Anselmo Lindberg Oliver Chooses CaseMax to Manage Files Anselmo Lindberg Oliver, LCC (ALO), a default servicing law firm, recently an- nounced that the company will use technology firm CaseMax's advanced case management software to manage its own caseload. ALO will use CaseMax now and in the future. CaseMax offers software to help firms manage work processes, giving them a visual platform that creates a level of transparency and accountability. After seeing CaseMax's product in action, ALO made the decision to use their software within the firm. ALO also is a member of the Legal League 100. "e management and leveraging of technology as a whole, and case management systems in particular, are vital components of any strategy to thrive in this hyper competitive industry," said Steve Lindberg, Chair of the Default Practice Group of Anselmo Lindberg Oliver. "As we reshape the firm to better serve our clients, we needed a true partner who un- derstood this industry and who made our goals their goals, all while exhibiting a strong track record of success." CaseMax is a known name in the tech- nology industry and is currently an associate member of USFN, a network of law firms and trustees serving the financial services space. "We knew after seeing the first demon- stration that we wanted to utilize CaseMax," Lindberg noted. "It is fast, powerful, and allows us to automate our processes to the fullest ex- tent. We also knew that the most effective way to meet client expectations, to be audit-ready, and to be industry-compliant, was to partner with CaseMax. e CaseMax team was very responsive to our needs, and we look forward to an exciting future with this product." Freddie Mac's Mortgage Portfolio Experiences Rare Contraction Freddie Mac's total mortgage portfolio con- tracted at a compound annualized rate of 0.4 percent in November, ending a string of nine consecutive months of expansion, according to Freddie Mac's November 2015 Monthly Volume Summary. Expansion was rare for Freddie Mac's mortgage portfolio for the post-crisis years of 2010 through the first half of 2014—in fact, for the entire year of 2014, the portfolio contracted at an annualized rate of 0.2 percent. January 2015 started out much the same way, with the portfolio contracting at a rate of 0.8 percent. What followed was nine consecutive months of expansion, however, broken up by November's contraction at a rate of 0.4 percent. e portfolio has now expanded at an average annualized rate of 1.2 percent for the first 11 months of 2015. e 0.4 percent contraction rate for Novem- ber calculated to an over-the-month decline of approximately $629 million. e value of Fred- die Mac's total mortgage portfolio at the end of November stood at $1.9319 trillion. e serious delinquency rate on single- family residential loans backed by Freddie Mac declined another two basis points from 1.38 percent down to 1.36 percent over-the-month in November. e rate is now 16 basis points below what it was in November 2008, at the start of the financial crisis. By comparison, CoreLogic reported a nationwide serious delinquency rate in November of more than double the rate for loans backed by Freddie Mac (3.3 percent). Despite all the expansion for Freddie Mac's mortgage portfolio in the second half of 2014 and most of 2015, the portfolio expanded only 21 times in the last 71 months from January 2010 to November 2015. At the beginning of the 15-month period (July 2014) that saw 14 months of expansion, the portfolio was valued at $1.895 trillion. It has expanded by about $37 billion since then. Freddie Mac completed 2,951 loan modifica- tions in November and has completed 50,074 for the first 11 months of 2015 for an average of 4,552 per month. By comparison, Freddie Mac completed 5,596 loan modifications per month for the full year of 2014. MISSOURI Freddie Mac, Lenders One Partner to Help Mortgage Bankers in 2016 Freddie Mac and the Lenders One Mort- gage Cooperative recently partnered to help mortgage bankers boost their business in 2016. e Lenders One Mortgage Cooperative is a national alliance of independent mortgage bankers, correspondent lenders, and suppliers of mortgage products and services based in St. Louis, Missouri. Freddie Mac finances an estimated one in four residential mortgages in the United States. "Freddie Mac is pleased to team up with Lenders One and help its members reach more eligible borrowers, achieve new efficiencies in the origination process and build strong, competitive businesses," said Chris Boyle, SVP of Single Family Sales and Relationship Management, Freddie Mac. "We look forward to working with Lenders One's leadership and members to achieve our shared commitment to help America's working families become suc- cessful long-term homeowners." According to a release from Freddie Mac, the alliance will give Lenders One members who are Freddie Mac Seller/Servicers pricing and execution benefits, enhanced access to mortgage products, and professional training and development opportunities. "We are committed to forming valuable alli- ances for our members," said Daniel Goldman, Interim CEO, Lenders One. "is relationship enables us to further support our members in growing originations and gives them additional opportunities to increase engagement in the increasingly dynamic housing market." OHIO Safeguard Properties Receives Partnership Award from Code Enforcement Agency Safeguard Properties, the largest mortgage field services company in the United States, received the inaugural public-private partner- ship award from the American Association of Code Enforcement (AACE) at the AACE's

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