DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/85814
Alabama rank: 40 90+ Day 3.76% 3.77% -0.21% 90+ Day 6.41% year ago 4.68% percent point change 36.82% -9.75% Top Core-Based Statistical Area 90+ Day MOBILE, AL Delinquency Rate july 2012 6.26% year ago 6.05% percent point change 3.38% 20.08% 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 July 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 9.35% 2.07% 1.72% percent point change 26.03% 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 July 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 2.48% 1.88% year ago 1.24% Foreclosure Rate -36.12% 3.36% 1.53% percent point change 12.10% Top Core-Based Statistical Area FAIRBANKS, AK 90+ Day Delinquency Rate july 2012 1.56% Holly Grigaiti s Designated Broker Foreclosure Rate ARIZONA: Yavapai, Coconino, Gila County MEMBER Delinquency Rate Foreclosure Rate july 2012 1.83% year ago 1.75% percent point change 4.58% Top County MACON COUNTY Delinquency Rate july 2012 3.03% 0.98% year ago 1.50% Foreclosure Rate Unemployment Rate 8.3% 9.2% -9.8% Alaska rank: 50 90+ Day 1.23% 1.27% -3.00% 90+ Day Delinquency Rate Foreclosure Rate july 2012 1.00% year ago 0.95% percent point change 4.79% KETCHIKAN GATEWAY BOROUGH Top County Delinquency Rate july 2012 1.68% Foreclosure Rate Unemployment Rate 7.7% 7.6% 1.3% We know your HOT buttons. 928.284.9367 reo@opti onsaz.com verdevalleyrealestate.com IN THE NEWS Alabama Foreclosure Starts Spike 38 percent in August when compared to a year earlier, according to data provided by RealtyTrac. The real estate tracking company says during the month, 1,438 properties received a notice of trustee sale, which is the first public notice of foreclosure in Alabama and marks the start of foreclosure proceedings. Newly initiated foreclosures rose 6.5 Foreclosure starts in Alabama increased Arizona rank: 29 90+ Day 2.58% 3.73% -30.74% 90+ Day 4.48% year ago 6.48% percent point change percent from July to August, but the state's sizeable annual increase bucked the national trend and put Alabama at the top of the rankings for the biggest increase in foreclosure starts—ninth highest among all the states. During the month of August, Alabama -30.86% -18.11% Top Core-Based Statistical Area PHOENIX-MESA-SCOTTSDALE, AZ 90+ Day 2.71% year ago 4.18% also added 442 new REOs to its housing inventory. Foreclosure starts and REO activity combined mean one in every 1,155 Alabama homes received a foreclosure filing in August. 78 percent point change -35.18% -31.56% 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 July 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary July 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 4.05% Delinquency Rate july 2012 2.78% Foreclosure Rate Servicers bound by the AG settlement report completing 197 principal-reducing modifications for Arizona borrowers. 5.77% KNOW THIS Delinquency Rate Foreclosure Rate july 2012 2.64% year ago 3.60% percent point change -26.64% Top County PINAL COUNTY Delinquency Rate july 2012 4.73% Foreclosure Rate MEMBER Unemployment Rate 8.3% 9.6% -13.5% Roberta Chatfi eld-Gonzalez Phoenix One Realty ABR, GRI, SRES, CLSS, e-Pro, RECS Call 602.882.0603 Arizona