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TH E M R EP O RT | 59 O R I G I NAT I O N S E R V I C I N G A NA LY T I C S S E C O N DA R Y M A R K E T ANALYTICS AROUND THE U.S. ANALYTICS West Virginia 85.5 86.4 Alabama 84.6 80.1 New Hampshire 83.8 83.5 South Carolina 82.2 77.8 Delaware 81.9 84.5 Mississippi 80.7 80.5 Vermont 79.7 80.0 Minnesota 79.6 81.3 Missouri 78.7 77.3 Maine 78.7 81.3 Indiana 78.3 79.7 Wyoming 77.4 77.1 Pennsylvania 77.4 73.6 Utah 75.2 74.4 Virginia 74.8 67.1 Oklahoma 74.3 73.0 Michigan 73.4 83.3 Connecticut 72.8 71.0 Idaho 72.3 77.1 Iowa 71.1 74.8 Montana 70.8 70.7 Ohio 70.3 69.1 Wisconsin 70.0 73.4 South Dakota 69.3 70.9 Louisiana 68.5 68.7 New Mexico 67.4 70.5 Nebraska 67.2 67.4 Florida 67.0 66.5 North Carolina 67.0 68.6 Illinois 67.0 66.6 Maryland 66.5 69.6 Kentucky 66.3 68.8 North Dakota 65.7 67.8 Colorado 65.3 61.5 New Jersey 65.1 66.6 Arkansas 64.6 65.1 Arizona 64.6 61.3 Tennessee 63.3 65.4 Alaska 63.2 67.5 Georgia 62.5 63.5 Washington 62.9 59.1 Rhode Island 62.1 60.3 Kansas 59.8 59.6 Massachusetts 59.7 68.1 Texas 58.4 60.1 Oregon 54.1 61.0 Hawaii 45.6 45.8 Nevada 41.1 48.6 California 38.9 40.2 New York 37.5 36.9 District of Columbia 18.1 23.6 Source: Black Knight Financial Services January 2016 Mortgage Monitor and NerdWallet Analysis of Black Knight Data STATE 2015 2014 Homeownership Progression Across the Nation While many housing fundamentals have been nearing their pre-recession levels for months or even years in some cases, the homeownership rate across the United States is a figure that continues to struggle along. First American's inaugural Homeownership Progress Index (HPRI), which tracks home - ownership rates and the underlying demo- graphic and economic factors that influence the probability of homeownership at national and state levels over time, decreased 1.6 per- cent in 2014, from an index value of 68 in 2013 to 67 in 2014. The HPRI is based on Integrated Public Use Microdata Series Census data from 1990 to 2014. Each attribute index value measures the level of the attribute relative to the lowest and highest level of the attribute observed for all states between 1990 and the current avail - able year. A state with an attribute index value of "100" means it has the highest ob- served value for that attribute across all the states since 1990. The state with the value of "0" has the lowest observed value for that attribute across all the states since 1990. "While, nationally, the Homeownership Progress Index has fallen in the last year, it is important to note the trends and relationship between the underlying factors that influence homeownership rates," said Mark Fleming, Chief Economist at First American. He continued, "Historically, higher rates of marriage and households with more children lead to higher homeownership rates. In addition, the higher the level of educational attainment, the higher the homeownership rate. It is important to monitor these factors and compare them over time and across geography to better understand homeownership progress. Demographic factors and lifestyle and economic choices all influence the homeownership rates, which can vary dramatically over time and across states." HOMEOWNERSHIP PROGRESS