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Items Tagged with 'Mark Fleming'

ARTICLES

CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet
Brena Swanson
"While 32 straight months of year-over-year decline in the foreclosure rate is cause for celebration, the total number of homes still in the foreclosure process remains almost four times as high as the average in the early 2000s," said Mark Fleming, chief economist for CoreLogic.
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CoreLogic: Market to blame for pushing home prices higher

Spring buying season fails to bear fruit
Brena Swanson
“March data on new and existing home sales was weaker than expected and is a cause for concern as we enter the spring buying season,” said Mark Fleming, chief economist for CoreLogic.
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5 brilliant insights in the CoreLogic April MarketPulse

Short sales down, short-term mortgages up, HELOCs all over
Trey Garrison
Shorter-term mortgages are on the rise, rising rates and equity may mean more HELOCs and short sales may fall of the cliff.
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CoreLogic economist: 3 reasons you should be rationally exuberant on housing

Supply and demand matter more than bubbles and affordability
Mark Fleming
An asset bubble is defined by irrational exuberance as exhibited by excess demand. Isn’t the rule, you can’t have your cake and eat it too?
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CoreLogic: Home prices increase into second year

February home prices jump 12.2%
Brena Swanson
Home prices, including distressed sales, jumped 12.2% in February 2014 compared to a year prior, marking 24 months of consecutive year-over-year increases in home prices nationally.
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Is this the right formula for a housing bubble?

Home prices are not the only ingredient
Brena Swanson
More than 4 million residential property owners regained lost equity in 2013, causing the market to start talk of a bubble.
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Can home prices record 23 months of increases?

Prices increase 11% in December: CoreLogic
Brena Swanson
Home prices recorded the 22nd consecutive monthly year-over-year increase in home prices nationally and grew 11% in December 2013 compared to a year ago.
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Home prices jump 11.8%

New CoreLogic report shows 21 months of consecutive gains
Brena Swanson
Home prices, including distressed sales, edged up 11.8% in November when compared to a year earlier, representing the 21st consecutive annual home price increase nationally.
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Making mortgage lemons

Tighter underwriting doesn't make up for strong oversight...it just limits the market
Mark Fleming
Requiring very high credit scores may reduce the risk of default, but it doesn’t prevent us from making a mortgage lemon and only serves to dramatically reduce the pool of eligible borrowers, writes Mark Fleming, chief economist for CoreLogic.
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CoreLogic: Mortgage fraud risk continues to decline

Lenders must strike balance between future regulations, risks
Christina Mlynski
"Rising prices and a healing housing market make property-related mortgage application fraud less likely, but a higher level of scrutiny on an applicant’s ability to pay increase the propensity to attempt income-related fraud," CoreLogic chief economist Mark Fleming said.
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