Bottom 25 counties--combined REO and short sales: (June 2009 data, ranked by REO + short sales).

Rank  County        Total   New-   Existing-   REO    Short  REO+Short
                    Count   Home   Home Sales  Sales  Sales   Sales
                    (All    Sales   Count      Count  Count   Count
                    Sales)  Count

 1    WHITE, AR      94      8       81          5      0      5

 2    BEN HILL,      12      1        6          5      0      5
      GA

 3    FANNIN, GA     14      2        7          5      0      5

 4    LUMPKIN, GA    20      0       15          5      0      5

 5    MONO, CA       30      2       23          4      1      5

 6    WHITE, GA      18      2       11          4      1      5

 7    PAYETTE, ID    26      3       18          4      1      5

 8    SHELBY, IN     28      0       23          4      1      5

 9    GRAFTON, NH    77      0       72          4      1      5

10    GRAND FORKS,  102      4       93          4      1      5
      ND

11    PAULDING,      14      0        9          4      1      5
      OH

12    LOGAN, OK      65     22       38          4      1      5

13    OCONEE, SC     44      8       31          4      1      5

14    YORK, VA       87     15       67          4      1      5

15    ISLAND, WA     94      7       82          4      1      5

16    GREENE, AR     67      1       61          3      2      5

17    BROOMFIELD,   102     19       78          3      2      5
      CO

18    WILLIAMSON,    62      1       56          3      2      5
      IL

19    DORCHESTER,    21      4       12          3      2      5
      MD

20    CRAVEN, NC    128     21      102          3      2      5

21    JAMES CITY,   124     28       91          3      2      5
      VA

22    CHAVES, NM     84      3       76          2      3      5

23    WEAKLEY, TN    32      1       26          2      3      5

24    BURNET, TX     69      3       61          2      3      5

25    BOX ELDER,     48      5       38          1      4      5
      UT

SOURCE: First American CoreLogic, a First American company (NYSE: FAF),
Santa Ana, California. Marketrac information is collected from county
recorder offices in more than 1,100 counties, representing 85 percent
of mortgage transactions nationwide. Lender participation in Marketrac
rankings is automatic. Rankings are established using the lender name
filed on recorded documents, and therefore do not include non-recorded
relationships that may include wholesale lenders and third-party
originators.