Items Tagged with 'First American'

ARTICLES

  • From HW Magazine

    How mortgage companies are capitalizing on their greatest asset: big data

    APIs have changed the game
    The evolution from a paper-based process to this era of big data is astounding. Consider that according to IBM, 90% of the world’s data has been created in the last two years. The Internet of Things — your thermostat, refrigerator, even your kid’s Barbie doll — is increasing that data exponentially. For mortgage companies, that data represents a treasure trove more valuable than the gold bars stacked in the vault at the New York Federal Reserve Bank, but only if they can figure out how to harness it for their specific business. Fortunately, scores of fintech companies are ready to help.
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  • What would happen to mortgage lending if interest rates doubled?

    It happened once before in the 80s, remember?
    [Op-ed] At its most extreme point in 1980, mortgage rates experienced a 50% year-over-year increase. What would happen to home sales if the same, albeit unlikely, scenario were to occur again? First American Chief Economist Mark Fleming answers that question for our readers.
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  • Housing inventory relief could be coming soon

    Residential construction labor rising
    Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing February’s housing starts and construction employment data, First American Financial Corp. found the housing inventory shortage could soon see relief.
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  • From HW Magazine

    The future of valuations

    What automation means for appraisers and appraisal companies
    The appraisal industry is in the midst of huge disruption as automated valuation models and hybrid appraisal products gain favor with regulators and investors. What does the future hold for appraisers and appraisal companies as they adjust to the new realities of automation?
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  • First American completes acquisition of BofA lien release business

    Will provide lien release services for bank
    First American Financial Corp., a provider of title insurance, settlement services and risk solutions, announced Thursday the completion its acquisition of Bank of America’s lien release business. The major deal makes Bank of America’s lien release business and its employees part of First American’s mortgage solutions division.
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  • Economics panel: "No reason the current homeowner today will want to sell"

    Affordability could plummet in 2018
    During a panel at the CoreLogic and Urban Institute Housing Finance conference, CoreLogic’s chief economist forecasted home prices will rise as interest rates continue to increase over the next few years, making housing affordability a challenge for many prospective buyers. But one economist questions if homeowners will even want to sell in the first place.
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  • First American: Quantitative un-easing to further affordability constraints

    Supply levels decreased affordability in July
    In July, rising rates and rapid price appreciation driven by the lack of housing supply caused affordability to decline. But while low supply could continue to decrease affordability, the latest First American Real House Price Index points out there is another factor that could bring affordability down in the coming months – quantitative un-easing.
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  • From HW Magazine

    DataTree delivers innovative real estate Data as a Service solution

    Advanced platform provides access to expanded sources of real estate data
    DataTree technology makes it simple for any user in any mortgage lending or servicing role to work better and faster by harnessing the power of the industry’s largest property ownership database, plus information that’s been amassed from more than 6 billion recorded real estate documents. 
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