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C&C Campbell & Campbell Real Estate Personal Service and Experience with RON CAMPBELL Custom Serving Bernalillo, Sandoval, and Integrity You Can Trust ~ 24 Years Experience in Real Estate 8 Years Experience in REO Valencia Counties ~ • Bill Paying Services • Property Preservation • GB 98 License #83184 (General Contractor Evaluations) • Marketing & Sales • • Full Service REO Broker • Cash For Keys & Evictions • EPA & OSHA Trained for Lead Paint, Radon, Asbestos, HAZMAT (Chemical and Biological) • BPOs • Weekly Property Inspections REO Services Provided: IN THE NEWS RON CAMPBELL Campbell & Campbell Real Estate 6711-A Academy Rd. NE Alburqueque, N.M. 87109 ron@wesellnm.com 505-991-3124 cell 505-821-7666 offi ce 866-530-4285 fax New York rank: 5 90+ Day 3.01% 3.25% -7.22% 90+ Day 3.20% year ago 3.36% percent point change -4.65% 21.14% Top Core-Based Statistical Area KINGSTON, NY 90+ Day 4.40% year ago 4.37% percent point change 0.63% 28.73% 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. 6.85% Delinquency Rate june 2012 8.82% Foreclosure Rate 3.28% Delinquency Rate Foreclosure Rate june 2012 6.25% year ago 5.26% percent point change 18.83% Top County SULLIVAN COUNTY Delinquency Rate june 2012 3.97% Unemployment Rate 8.9% 8.2% 8.5% Foreclosure Rate JPMorgan's Q2 Earnings Get Boost from Mortgage Business for the second-quarter, with activity related to the Home Affordable Refinance Program (HARP) helping boost income for the com- pany's mortgage unit year-over-year. The financial institution reported $604 JPMorgan Chase posted strong earnings Loss Mitigation Services Michael J. Wallace 516.319.1600 mjwallace@wallacerealestatesolutions.com WallaceRealEstateSolutions.com New York during the second quarter on $22.9 billion in revenue. Chase chairman and CEO Jamie Dimon, who recently appeared before lawmakers to address the company's $6 billion trading loss in June, said the bank had overhauled management and some of the governance practices that led to the investment misstep. Citi Pilots Foreclosure Rental Program, Reports 12% Decline in Q2 Earnings a pilot Home Rental Program last month. The program is designed to allow borrowers facing foreclosure to remain in their homes as tenants. It is managed by Carrington Capital Management, LLC, and Carrington Mortgage Services, LLC. Under the program, borrowers transfer CitiMortgage announced the launch of million in net income over the second quarter for mortgage production and servicing, a figure that trumps its mortgage business' net loss of $649 million from a year earlier. Mortgage production rose to $931 million in pretax income for the lender, a nearly 62 percent increase from the previous year. Mortgage originations rose to $43.9 billion, up 29 percent year-over-year and 14 percent quarter-over-quarter. Retail channel originations jumped 26 percent from the year before and 12 percent from the first quarter of this year, reaching $26.1 billion for the lender. Third-party vendors serviced $860 billion ownership of the property to a vehicle established by Carrington Capital and its joint venture partner, Oaktree Capital Management, L.P. A lease is then established, with monthly payments determined by local market rates. Carrington will work with borrowers to establish a length for each lease. The program is being tested in six markets to evaluate its effectiveness: Arizona, California, Florida, Georgia, Nevada, and Texas. Carrington will contact homeowners who meet eligibility requirements. To be eligible for the program, candidates in mortgage loans, reflecting declines of 9 percent from the past year and 3 percent from the past quarter. The mortgage servicing unit for Chase saw $65 million in income before taxes, eclipsing losses of $1.1 billion from the year before. Excluding repurchase losses, Chase saw must occupy the property; owe more than their home is worth; be delinquent for 120 days; and be unable or ineligible to receive an affordable loan modification but still have the resources to make monthly rent payments. In addition, candidates' loans must be part of the pilot portfolio serviced by Carrington. To implement the program, CitiMortgage has transferred the ownership of loans in its portfolio in the pilot areas to the Carrington/ Oaktree partnership with the sale of $158 mil- lion in mortgages. In late July, Citi reported net income of mortgage production revenue increase from $595 million to $1.6 billion, an increase of 62 percent, as a result of the favorable refinanc- ing climate created by changes to HARP. Chase said it reduced repurchase liabilities by $216 million in the second quarter and trimmed loan loss reserves by $2.1 billion. The financial institution boosted net 130 income overall by $5 billion, or $1.21 per share, $2.9 billion, $0.95 per share, for the second quarter of this year, down 12 percent from the second quarter of 2011. The company's revenues totaled $18.6 billion in the second quarter, a 10 percent decline from last year. According to a statement from Citigroup, the earnings decline is largely the result of the ongoing process of winding down Citi Holdings, a division opened in 2009 to house assets and businesses the bank hopes to

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