DS News - Digital Archives

September, 2012

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

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IN THE NEWS Asset Managers Attention WISCONSIN REO BROKER OF CHOICE • #1 in Customer Service • Immediate Occupancy Checks, Cash for Keys, Re-Keying, Trash-Out, Winterization, Repairs and Rehabilitation • $30+ Million in Annual Sales • Top Performing REO Broker for Wisconsin • Available 24/7/365 • Platinum Certifi ed Equator Member • Multi-Forms User • REO Broker Since 2005 • Initial BPO's are consistently within 10% of fi nal sales price • Have established connections with lenders, title companies, contractors, investors, etc. • Top-Performing Buyer Agents Team • 500+ Units Closed in 2011 NeighborWorks Creates Wisconsin Alliance congressionally chartered nonprofit corporation, announced the launch of the NeighborWorks Alliance of Wisconsin, an agreement between six regional housing and community development organizations "dedicated to improving housing opportunities and building strong communities for all Wisconsin residents." The organizations that make up the NeighborWorks America, a Wyoming rank: 51 90+ Day 1.27% 1.37% -7.16% 90+ Day 5.50% year ago 7.74% percent point change -29.02% NeighborWorks Alliance of Wisconsin are Neighborhood Housing Services of Beloit; NeighborWorks Green Bay; Neighborhood Housing Services of Richland County; Housing Resources, Inc.; Select Milwaukee, Inc.; and Neighborhood Housing Services of Southeast Wisconsin, Inc. A NeighborWorks America report describes these organizations as "effective and productive small businesses." The report states that between 2007 and 2011, the Wisconsin organizations leveraged every $1 of NeighborWorks appropriation into more than $50 of direct investment in communities. Between 2006 and 2011, they created or sustained 280 jobs annually and generated tax revenues totaling $27 million as a result of their activities. The groups also helped 1,129 families avoid foreclosure, and provided homeownership education and guidance to 17,293 families. KNOW THIS JASON SCHWITTAY Broker/Owner Apple Valley Realtors Jason@AppleValleyREO.com 920-702-0130 AppleValleyREO.com 626 E. State St. #1902 Milwaukee, WI 53202 142 Milwaukee is ranked by Zillow as the second best buyers' market among the nation's 50 largest metros. 77.91% Top Core-Based Statistical Area CHEYENNE, WY 90+ Day 1.24% year ago 1.13% percent point change 9.89% -19.15% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90- plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the June 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 0.86% Delinquency Rate june 2012 0.70% Foreclosure Rate 3.33% Delinquency Rate Foreclosure Rate june 2012 0.82% year ago 1.29% percent point change -35.99% Top County LINCOLN COUNTY Delinquency Rate june 2012 5.93% Foreclosure Rate Unemployment Rate 5.4% 6.0% -10.0% The World Wide Web is a busy place. DSNews.com cuts through the noise. The information you need, Loud and Clear. Call 214.525.6700 or visit DSNews.com.

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