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Angela is a NAHREP Code of Trust Certified Professional.
Industry National Foreclosure Statistics - 2009 Quarter 1INDUSTRY STATISTICS Mortgage Deliquencies - National Numbers Distressed Property Institute, LLC | ©2009 Quarter 1 - 2009 All Mortgages: 3.85% in Foreclosure 8.22% in Default (30+ days late) 12.07% TotalPrime Mortgages: 2.49% in Foreclosure 6.06% in Default (30+ days late) 8.55% TotalSubprime Mortgages: 14.34% in Foreclosure 24.95% in Default (30+ days late) 39.29% TotalFHA Mortgages: 2.76% in Foreclosure 13.84% in Default (30+ days late) 16.60% in DefaultVA Mortgages: 1.93% in Foreclosure 8.21% in Default (30+ days late) 10.14% Total in DefaultMortgage Bankers Association National Deliquency Survey http://www.mbaa.org/NewsandMedia/PressCenter/69031.htm Based on 45,000,000 mortgages - Seasonally Adjusted All Mortgages – 2009 Total Distressed Properties: 8,760,000*Total Predicted Sales: 4,770,000***Distressed Property Institute estimate **NAR, Walt Molony http://www.realtor.org/press_room/news_releases/2009/06/ehs_continue Unemployment Rate According to the U.S. Bureau of Labor Statistics, the seasonally adjusted unemployment rate for May 2009 was 9.4%. The highest rate ever recorded by the Bureau was 10.8% in Nov/Dec 1982. CDPE Member Survey: Second-Quarter 2009 • Since becoming a CDPE, the average time for agents to complete a short sale transaction decreased by 49%. • On average, CDPEs are able to keep homeowners in their homes more than twice as often as losing properties to foreclosure.
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