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Missouri rank: 43 90+ Day 2.57% 2.75% -6.49% 90+ Day 2.02% year ago 3.98% percent point change -49.17% 44.13% Top Core-Based Statistical Area Foreclosure FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 90+ Day Delinquency Rate july 2012 2.02% year ago 3.98% percent point change -49.17% 44.13% 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. 3.26% 4.71% Rate 3.26% Delinquency Rate Foreclosure Rate july 2012 1.69% year ago 1.79% percent point change -5.34% Top County MCDONALD COUNTY Delinquency Rate july 2012 4.71% Unemployment Rate 7.2% 8.6% -16.3% Foreclosure Rate completed housing affordability form, and an opinion of the condition of the property at least 10 days before mediation. The St. Louis Post Dispatch reported the bill passed with a 5-2 vote. "If we can keep some families from ex- periencing the heartache of foreclosure, then this [bill] will be a success," Councilwoman Hazel Erby (D-University City), the bill's sponsor, told the Dispatch. Appraisal Companies Partner to Offer CVR 2.0 and California-based Bradford Technologies partnered to offer a new version of the Collateral Valuation Report—CVR 2.0. According to a joint release, the innova- Missouri-based United States Appraisals tions in the new version of CVR bring greater clarity and transparency to the appraiser's valuation process. Equipped with a new report format, CVR 2.0 takes advantage of visuals such as charts to convey information and statistics. By adding CVR to its suite of valuation IN THE NEWS St. Louis County Passes Foreclosure Mediation Ordinance foreclosure sale for past due borrowers, but in St. Louis County, homeowners will get a chance to schedule a mediation with their lender before that foreclosure takes place. On August 28, the St. Louis County Banks may have the right to schedule a services, United States Appraisals can offer clients a cost-effective alternative to a full appraisal that also maintains a high degree of accuracy. "With the CVR, we provide a better solution than standard BPO/AVM products. Giving our clients more accurate data will allow them to make better decisions," said Aaron Fowler, president of United States Appraisals. Headquartered in the Kansas City area, United States Appraisals is a nationwide ap- praisal management company. STAT INSIGHT Council passed an ordinance that will require lenders to provide homeowners with a notice advising them of their right to request media- tion. If lenders violate the ordinance, they face fines up to $1,000. If homeowners do request mediation, a mediation coordinator, or person in charge of managing the mortgage foreclosure interven- tion program, must schedule a mediation conference within 60 days of the date the mediation notice was sent. The lender will then have to pay a $350 fee to the mediation coordinator. Homeowners must submit documents such as a completed financial statement, a 98 $98,856 short sale property in Missouri in the second quarter. Average sales price for a pre-foreclosure Source: RealtyTrac Mississippi rank: 17 90+ Day 5.28% 5.33% -0.91% 90+ Day 5.29% year ago 5.33% percent point change -0.77% 39.24% Top Core-Based Statistical Area GULFPORT-BILOXI, MS 90+ Day 4.41% year ago 4.68% percent point change -5.87% 0.59% 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. 4.74% Delinquency Rate july 2012 4.76% Foreclosure Rate 5.20% Delinquency Rate Foreclosure Rate july 2012 3.80% year ago 3.60% percent point change 5.40% Top County STONE COUNTY Delinquency Rate july 2012 7.24% Unemployment Rate 9.1% 10.9% -16.5% Foreclosure Rate Montana rank: 42 90+ Day 1.28% 1.51% -15.07% 90+ Day 2.57% year ago 3.06% percent point change -16.02% 238.98% Top Core-Based Statistical Area MISSOULA, MT 90+ Day 1.53% year ago 1.41% percent point change 8.24% -6.35% 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 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. 1.56% Delinquency Rate july 2012 1.46% Foreclosure Rate 1.12% Delinquency Rate Foreclosure Rate july 2012 1.71% year ago 1.94% percent point change -11.53% Top County BROADWATER COUNTY Delinquency Rate july 2012 3.79% Foreclosure Rate Unemployment Rate 6.4% 7.0% -8.6%