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February 2016 - The Coming Evolution

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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96 96 96 SERIOUS DELINQUENCIES, COMPLETED FORECLOSURES IN STATE OF DECLINE DS News tracks the latest and most relevant industry surveys and data to keep you in the know. This month, let's take a look at the 12-month sum of completed foreclosures and the serious delinquency rate in the nation's largest core- based statistical areas (CBSAs) as of the end of November 2015. The national serious delinquency rate at the end of the month was 3.3 percent, which was nearly a 22 percent decline from the previous November. The 12-month sum of completed foreclosures was 483,335 for the period ending November 30, 2015, a decline of 16 percent from the 12-month period ending on November 30, 2014. We've mapped out the nation's largest CBSAs an included their 12-month sum of competed foreclosures and serious delinquency rates for comparison. •Source: CoreLogic PARTING SHOT WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS NEW YORK-JERSEY CITY-WHITE PLAINS NEW YORK-NEW JERSEY 6.2% -18.8% MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MINNESOTA-WISCONSIN 1.6% -31.6% WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 3.0% -17.9% DALLAS-PLANO-IRVING, TEXAS 2.5% -6.9% RIVERSIDE-SAN BERNARDINO-ONTARIO, CALIFORNIA 2.5% -21.3% CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, ILLINOIS 4.5% -29.3% HOUSTON-THE WOODLANDS-SUGAR LAND, TEXAS 3.2% -18.0% LOS ANGELES-LONG BEACH-GLENDALE, CALIFORNIA 1.9% -20.7% PHOENIX-MESA-SCOTTSDALE, ARIZONA 1.5% -23.3% ATLANTA-SANDY SPRINGS-ROSWELL, GEORGIA 3.2% -18.0% 96

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