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Recoveries," Shanna L. Smith, NFHA president and CEO, said in a statement. She said the financial services institution "continues to disregard its REO homes in communities of color." According to NFHA's report, Bank of Homeward Residential, Nationstar, SunTrust, and Wells Fargo. A similar event occurred in Ft. Lee, America-owned properties in communities of color were 42 percent more likely than predominantly white communities to exhibit more than 15 maintenance problems. The study found it more likely for the same issues to surface in communities of color than in white ones across the board, such as broken or boarded windows and trash and debris. By the same token, REOs in predominantly white communities appeared 33 percent more likely to sport professional "For Sale" signage than properties in black and Hispanic communities, according to the report. The breakdown revealed many of the same fault lines in several metro areas, including Dayton, Ohio; Grand Rapids, Michigan; Miami, Florida; and Dallas, Texas. Smith told reporters that NFHA first alerted Bank of America to REO disrepair in these communities in 2009 and again in 2010. She said NFHA plans to pursue legal action against Bank of America if nothing is done to amend the problems and remediation fails. Bank of America denied the allegations in a statement. "While we share NFHA's concern about neighborhoods, we strongly deny their allegations and stand behind our property maintenance and marketing practices," said Jumana Bauwens, a spokeswoman for the bank. "Bank of America is committed to stabilizing and revitalizing communities that have been impacted by the economic downturn, foreclosures, and property abandonment." HOPE NOW Visits Military Bases to Assist Servicemembers homeowner event, HOPE NOW announced more events are to come. In September, HOPE NOW hosted an After rounding out its fourth military event in Fort Bragg, North Carolina, which attracted 60 attendees, and another event at Joint Base Lewis-McChord in Washington, where 142 military families were able to receive assistance. Major servicers attended the two events including Bank of America, Chase, Citi, Fannie Mae, Freddie Mac, GMAC, 100 Virginia, on October 30, and another is scheduled in Ft. Hood, Texas, in January 2013. Two previous events were held at Ft. Gordon, Georgia, and Ft. Jackson, South Carolina, in April of this year. After visiting four bases in 2012, HOPE NOW revealed that year-to-date attendance from servicemembers has reached close to 500. "The partnership between HOPE creation of John Sears and Josh Collins, founders of PresPro.com and its subsidiary, REO Success TV. Both Web companies are physically headquartered in Harrisburg, North Carolina, and are dedicated to REO preservation services and REO marketing education. The Real Estate Web Summit is the KNOW THIS NOW and the Army to make this event happen is a wonderful example of the power of the teamwork that allowed us to meet the mortgage assistance needs of Joint Base Lewis-McChord's warfighters and their families," said Greta Powell, chief of residential communities division at Joint Base Lewis-McChord. Faith Schwartz, HOPE NOW executive director, added, "Assisting and educating servicemembers on their mortgage options has been a top priority of HOPE NOW, and will continue to be one." HOPE NOW is an industry-created alliance of mortgage servicers, investors, counselors, and other mortgage market participants. Internet-Based Conference Focuses on REO Marketing three-day marketing expo directed at real estate industry professionals, took place online from October 9-11. The Internet event was created as an affordable way to educate professionals about business and marketing practices in the housing industry. Unlike a traditional conference, there The 2012 Real Estate Web Summit, a was no physical destination where attendees convened. Instead, participants were able to attend a full schedule of online sessions hosted by industry speakers in a series of interactive forums. The conference's promoters explain that One out of every 1,585 housing units in North Carolina received a foreclosure filing in September with activity statewide up 25% year-over- year, according to Realtytrac. North Dakota rank: 49 90+ Day 0.72% 0.71% 2.2% 90+ Day 1.17% year ago 2.25% percent point change -47.9% the unconventional online format has several advantages over a traditional one, most notably that attendees save time and money because there is no travel and very little overhead involved. More than 30 expert speakers from the 59.4% Top Core-Based Statistical Area FARGO, ND-MN 90+ Day 0.87% year ago 0.91% real estate and media industries participated as speakers and presenters, including Josh Altman of Bravo TV's Million Dollar Listing, and James Wedmore, author of The YouTube Marketing Book. percent point change -5.1% -6.0% 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 August 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 1.30% Delinquency Rate august 2012 1.22% Foreclosure Rate 1.77% Delinquency Rate Foreclosure Rate august 2012 1.02% year ago 1.00% percent point change 1.6% Top County RANSOM COUNTY Delinquency Rate august 2012 2.83% Unemployment Rate 3.0% 3.6% -16.7% Foreclosure Rate