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Maine rank: 7 90+ Day 2.92% 2.60% 12.13% 90+ Day 4.10% year ago 3.57% percent point change 14.85% 18.20% Top Core-Based Statistical Area LEWISTON-AUBURN, ME 90+ Day 3.72% year ago 3.49% percent point change 6.60% 17.22% 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. 5.92% Delinquency Rate june 2012 6.94% Foreclosure Rate 10.42% Delinquency Rate Foreclosure Rate june 2012 5.63% year ago 5.14% percent point change 9.69% Top County WASHINGTON COUNTY Delinquency Rate june 2012 12.32% Foreclosure Rate Unemployment Rate 7.5% 7.6% -1.3% IN THE NEWS HUD, Treasury Host Event for Troubled Homeowners in Maryland found help last month at a free event in Prince George's County hosted by Treasury and HUD. It was the Obama administra- tion's 75th event organized to give home- owners facing foreclosure the opportunity for direct, face-to-face contact with their mortgage servicers and local housing coun- selors. "[T]oo often, homeowners delay reach- Struggling homeowners in Maryland ing out for help until their options become … limited," said Tim Massad, Treasury's assistant secretary for financial stability. "These events are an important opportunity for homeowners … to discuss the right op- tions for their particular situation." The events often include roundtable Massachusetts rank: 31 90+ Day 3.46% 3.35% 3.28% 90+ Day 5.42% year ago 5.02% percent point change 7.95% 8.52% Top Core-Based Statistical Area PITTSFIELD, MA 90+ Day 3.85% year ago 3.41% percent point change 13.12% Maryland rank: 9 90+ Day 3.80% 4.52% -15.99% 90+ Day 5.66% year ago 6.43% percent point change -11.97% 62.44% Top Core-Based Statistical Area SALISBURY, MD 90+ Day 3.27% year ago 4.36% percent point change -25.15% 54.20% 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. 4.15% Delinquency Rate june 2012 6.40% Foreclosure Rate At 1.95%, the rate of new foreclosure actions in Maryland in Q2 was the highest in the country, according to the Mortgage Bankers Association. 122 5.40% Delinquency Rate Foreclosure Rate june 2012 4.95% year ago 3.38% percent point change 46.23% Top County CAROLINE COUNTY Delinquency Rate june 2012 8.77% Unemployment Rate 6.9% 7.2% -4.2% Foreclosure Rate discussions with community leaders and training seminars for professionals to help them work more effectively with homeown- ers. The event in Maryland last month was sponsored in partnership with the HOPE NOW Alliance. A similar event hosted in Prince George's County in 2010 saw more than 1,100 homeowners receive assistance. The administration is planning several 8.35% 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. 3.48% Delinquency Rate june 2012 3.77% Foreclosure Rate 3.49% Delinquency Rate Foreclosure Rate june 2012 2.57% year ago 2.50% percent point change 2.64% Top County HAMPDEN COUNTY Delinquency Rate june 2012 3.79% Foreclosure Rate Unemployment Rate 6.0% 7.4% -18.9% IN THE NEWS additional events in the coming months in locations across the country, including Massachusetts, Michigan, and Tennessee. In addition, the administration is working in partnership with the Ad Council to offer public service advertisements in English and Spanish to educate troubled homeowners about foreclosure prevention resources. The campaign has already generated more than $58 million in donated media space. KNOW THIS Massachusetts Foreclosure Bill Signed into Law signed a bill into law last month that will require lenders to first determine the value of modifying a loan before foreclosing on a home. If a modification proves to be of greater financial advantage, then lenders must opt for a mod over a foreclosure. The bill, known as An Act Preventing Governor Deval Patrick of Massachusetts Unlawful and Unnecessary Foreclosures, also includes provisions that force lenders to prove loan ownership before foreclosing on a home and prohibit lenders from charging borrow- ers for services not performed. The bill also forms a task force to examine foreclosure mediation and other alternatives. "We have found that when a lender and homeowner sit down face-to-face to review a mortgage, that is when things can best happen to keep a family in its home," said Barbara Anthony, undersecretary of consumer affairs and business regulation.