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» VISIT US ONLINE @ DSNEWS.COM 7 A look at facts you didn't know you couldn't live without. Compiled by the DS News Staff TAKE A LOOK INSIDE THE NUMBERS D ATA B I T S Approximately 406,000 homes were in some state of foreclosure in April 2016, a 23.4 percent decline over-the-year, according to CoreLogic. Approximately 29 percent of the nearly 32,000 permanent loan modifications completed by Fannie Mae or Freddie Mac during Q1 2016 helped lower the borrower's monthly payment by 30 percent or more, according to FHFA. CLINTON AND TRUMP SPAR OVER 'HOUSING BUBBLE' REMARKS INSIDE THE JOURNAL // MOVERS & SHAKERS // ON THE WEB // THE APP SPECTRUM Source: CoreLogic (as of April 2016) Source: CoreLogic (as of April 2016) JUDICIAL STATES WITH THE HIGHEST 12-MONTH SUM OF COMPLETED FORECLOSURES 1 Florida 66,071 2 Ohio 23,017 3 Pennsylvania 18,616 4 New York 13,715 5 New Jersey 13,522 6 Indiana 13,462 7 Illinois 12,322 8 Maryland 9,080 9 South Carolina 7,720 10 Oklahoma 7,160 State Number Ranking NON-JUDICIAL STATES WITH THE HIGHEST 12-MONTH SUM OF COMPLETED FORECLOSURES 1 Michigan 46,746 2 Texas 26,859 3 California 22,889 4 Georgia 22,094 5 North Carolina 15,639 6 Tennessee 13,870 7 Virginia 12,973 8 Missouri 12,215 9 Washington 10,604 10 Arizona 10,474 Ranking State Number PAGE 40 Phelps Dunbar LLP COUNSEL'S CORNER WITH Josh Podolsky e two presumptive presidential candidates have engaged in a war of words over the housing crisis, with one candidate accusing another of being excited about the prospect of making money off of millions of families losing their homes. Presumptive Democratic presidential nominee Hillary Clinton has launched an attack against her rival, presumptive Republican nominee Donald Trump, for some comments that the latter made a decade ago regarding the forthcoming housing crisis. According to an audio posted by CNN, Trump said in an audiobook produced for Trump University in 2006, about two years prior to the housing crisis: "I sort of hope that happens because then people like me would go in and buy. You know if you're in a good cash position, which I'm in a good cash position today, then people like me would go in and buy like crazy. If there is a bubble burst, as they call it, you know you could make a lot of money." Trump also said that he didn't believe that the crash would happen if interest rates stayed low and the dollar remained weak: "ere's just tremendous amounts of money pouring in so I don't think that's going to happen. I'm not a believer that the … real estate market is going to take a big hit." Trump's comments from 2006 have prompted Clinton to accuse him of, among other things, "Rooting for the crisis," "devastating millions of families," and hoping the housing market crash would happen "so he could make money off of it," all through various Tweets recently. Trump did not back down from the comments he made a decade ago. He responded to Clinton's attacks in a statement on Tuesday: "I am a businessman and I have made a lot of money in down markets, in some cases as much as I've made when markets are good. Frankly, this is the kind of thinking our country needs—understanding how to get a good result out of a very bad and sad situation. I will create jobs, bring back companies, and not make it easy for companies to leave. If they do, they will fully understand that there will be consequences. Our jobs market will flourish."

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