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» VISIT US ONLINE @ DSNEWS.COM 7 A look at facts you didn't know you couldn't live without. Compiled by the DS News Staff TransUnion's October 2017 HELOC study projects 1.4 million new HELOC borrowers in 2017, and 1.6 million in 2017. For the 2015-2016 period, the projected borrowers were 1.1 million and 1.2 million, respectively. According to the Urban Institute's Housing Finance Policy Center, the three top barriers to homeownership are saving for a down payment, accessing mortgage credit, and housing affordability. DELINQUENCY RATE CONTINUES AT 10-YEAR LOW INSIDE THE JOURNAL // MOVERS & SHAKERS // ON THE WEB // THE APP SPECTRUM TAKE A LOOK INSIDE THE NUMBERS D ATA B I T S PAGE 20 CEO, CoreVest Finance FIVE MINUTES WITH WITH Beth O'Brien Source: WalletHub 2017 Worst States for Identity Theft & Fraud report TOP 10 STATES LEAST VULNERABLE FOR IDENTITY THEFT AND FRAUD TOP 10 STATES MOST VULNERABLE FOR IDENTITY THEFT AND FRAUD 1 IOWA 31.67 48 42 48 2 WEST VIRGINIA 32.29 49 49 10 3 HAWAII 34.67 41 48 30 4 WYOMING 36.03 50 34 10 5 KANSAS 37.17 45 38 30 6 WISCONSIN 37.83 46 32 30 7 SOUTH DAKOTA 38.25 51 11 30 8 KENTUCKY 38.63 38 46 10 9 LOUISIANA 39.38 47 25 10 10 OHIO 40.08 33 36 48 1 CALIFORNIA 69.43 1 19 10 2 RHODE ISLAND 68.29 3 18 1 3 DISTRICT OF COLUMBIA 67.66 9 6 10 4 FLORIDA 67.55 12 2 30 5 GEORGIA 66.48 7 10 30 6 MICHIGAN 64.41 8 12 10 7 NEVADA 64.26 14 5 30 8 TEXAS 64.2 13 7 30 9 NEW YORK 63.97 5 20 10 10 CONNECTICUT 62.25 2 39 30 RANK CITY TOTAL SCORE 'IDENTITY THEFT' RANK 'FRAUD' RANK 'POLICY' RANK RANK CITY TOTAL SCORE 'IDENTITY THEFT' RANK 'FRAUD' RANK 'POLICY' RANK CoreLogic released its Loan Performance Insights report for October 2017. It containes data from national foreclosure and delinquency activity gathered through July 2017. According to the report, the share of mortgages that transitioned from current to 30-days past due was 0.9 percent in July 2017, down from 1.1 percent in July 2016. CoreLogic compares this to January of 2007 when "just before the start of the financial crisis, the current-to-30-day transition rate was 1.2 percent and peaked in November 2008 at 2 percent." In addition, the report noted that 4.6 percent of mortgages were in some stage of delinquency in July 2017—a 0.9 percentage point year-over- year decline in the overall delinquency rate compared to last year. Meanwhile, the foreclosure inventory rate measuring the share of mortgages in some stage of the foreclosure process "was 0.7 percent and the lowest since the rate was also 0.7 percent in July 2007." Likewise, the data discovered the serious delinquency rate remained near the 10-year low of 1.7 percent reached in July 2007. According to Dr. Frank Nothaft, Chief Economist for CoreLogic, while the U.S. foreclosure rate remains at a 10-year low, the rate across the 100 largest metro areas varies from 0.1 percent in Denver to 2.2 percent in New York. "e national serious delinquency rate remains at 1.9 percent, unchanged from June, and when analyzed across the 100 largest metros, rates vary from 0.6 percent in Denver to 4.1 percent in New York," Nothaft said. Additionally, CEO of CoreLogic Frank Martell said that even though delinquency rates are lower in most markets compared with a year ago, there are some worrying trends. Martell explained that "markets affected by the decline in oil production or anemic job creation have seen an increase in defaults. We see this in markets such as Anchorage and Baton Rouge and Lafayette, Louisiana, where the serious delinquency rate rose over the last year." "The national serious delinquency rate remains at 1.9 percent, unchanged from June, and when analyzed across the 100 largest metros, rates vary from 0.6 percent in Denver to 4.1 percent in New York." Dr. Frank Nothaft, Chief Economist for CoreLogic

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