Items Tagged with 'CoreLogic'


CoreLogic announces new CFO

James Balas assumes the role from Frank Martell
As former CFO Frank Martell assumes the role of chief operating officer at CoreLogic, the company announced that James Balas will step into the role of chief financial officer. Before his promotion, Balas served as the company's senior vice president finance, controller and principal accounting officer.
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CoreLogic: REO sales drop to lowest level since January 2007

Maryland holds largest percentage of distressed sales
Although the market will always have some level of distressed sales, it will no longer be at the same level witnessed during the financial crisis. If the current annual decrease continues, the market would reach its pre-crisis level of 2% distressed sales by mid-2018.
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Cash sales for 2015 lowest since 2008

Accounted for 33.9% of total annual sales
As the market continues to improve from the housing crisis, cash sales hit their lowest percentage since 2008. Although there is still ground to be made up, if it continues at its current rate, the percentage of cash sales would be at pre-crisis rates by 2017.
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CoreLogic: 1 million borrowers regained equity last year

Number of underwater homes increases 2.9% quarterly
Last year was a positive year for homeowners, with approximately 1 million borrowers regaining equity in 2015. As a result, the total number of mortgaged residential properties with equity at the end of the fourth quarter of 2015 reached 91.5% of all mortgaged properties.
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