Items Tagged with 'CoreLogic'


Corelogic: Home prices continue upward climb in October

Texas, Florida, California leading upward trend
Home prices increased once again in October from last year and last month, and forecasts show that trend won’t be stopping anytime soon. The housing market is already well into pre-recession levels, and some areas could hit their pre-recession peaks next year.
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CoreLogic: California homes at risk of earthquake increase 126%

New risk model confirms possibility of statewide earthquake
A new report on the risk of an earthquake along the San Andreas fault shows that what was previously thought impossible – an earthquake in both northern and southern California – could not only be possible, but increases the homes at risk by 126%. CoreLogic lays out different scenarios for home reconstruction costs.
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CoreLogic partners with RentTrack to help renters build credit

New solution tracks rental history
The ability to use a variety of methods to build and assess consumers' credit is expanding, and it’s definitely needed. The latest move comes from CoreLogic and RentTrack, who announced a partnership to provide an online rent-payment solution for residents that builds their credit as they make their rent or HOA payments.
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CoreLogic: Completed foreclosures reverse trend, increase

But foreclosure inventory decreases
Foreclosures increased slightly from last month, but continue to decrease annually. And while the number of homes lost to foreclosure is up, there are no new homes moving into foreclosure to take their place. Foreclosure inventory continues to decrease both monthly and yearly.
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Here's clear evidence of how much more complicated mortgage lending is now

An inside look at one lender's operations
At any gathering of housing industry professionals, it isn’t long before the conversation inevitably turns to the current regulatory environment. That was definitely the case at Wednesday’s housing summit hosted by the Urban Institute and CoreLogic. Debra Still, the president and CEO of Pulte Mortgage, surprised some in the crowd by presenting concrete evidence of how much more complicated mortgage lending is now than it was 10 years ago.
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Why does it take so long to close a loan? Appraisers

Speakers at CoreLogic and Urban Institute housing summit say appraisals delay closing
Recent data from Ellie Mae showed that it takes about a month and a half on average to close a mortgage. Several speakers at Wednesday’s housing summit hosted by the Urban Institute and CoreLogic said that closing times could conceivably be much shorter than that, even as little as 10 days. So what’s keeping lenders from closing a loan in a week and a half instead of a month and a half? Appraisers.
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Housing's new normal: Low interest rates, shifting demand, coming wave of new homebuyers

CoreLogic's Frank Nothaft on how housing is changing
Speaking before a packed house gathered Wednesday on the 7th floor of the Newseum in Washington, D.C., CoreLogic’s chief economist, Frank Nothaft, told the crowd of housing insiders that anyone waiting for any dramatic shifts in housing, interest rates, or otherwise is likely to be left waiting.
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