Mortgage Performance: Who Are the Geographic Influencers for Fraud Risk
California and Maryland are strongest influencers of National Fraud Risk CoreLogic has determined the regions of the U.S. that have the highest correlation with the National Mortgage Fraud Risk index, based on a tracking score1. The regions that are most highly correlated with fraud risk are areas that will be the best predictors of nationwide […]
Mortgage Performance: Jumbo Loans Cheaper than Conforming Loans
2017 Jumbo Loans: Full Doc and Made to Prime Credits Large-balance mortgage loans are not only for wealthy homebuyers but also for middle-income borrowers in high-cost areas. Also known as ‘jumbo’ loans, historically these loans had a higher interest rate than conforming loans. However, since mid-2013 a jumbo loan has been cheaper to borrow than […]
Mortgage Performance: Loan Performance Insights Report Highlights May 2017
Foreclosure Rate Nearing Pre-Crisis Level Early-stage delinquencies hovering around 17-year lows The current-to 30-day transition rate edged down in May 2017 from a year earlier New York had the highest delinquency rate of the largest metro areas In May 2017, 4.5 percent of home mortgages were in some stage of delinquency, down from 5.3 percent […]
Audio: Home Price Index Audio Clip June 2017
The CoreLogic HPI for June 2017 showed that national prices appreciated 6.7 percent from a year ago and are expected to increase 5.2 percent over the next year. Prices are just 0.9 percent below the 2006 peak, and are predicted to be back to the 2006 peak in the next few months. It’s been a […]
Property Valuation: Home Price Index Highlights June 2017
Lower-Cost Homes Only Segment to Surpass Pre-Crisis Price Peak Home prices forecast to rise 5.2 percent over the next year. Adjusting for inflation, home prices are still 16.2 percent below their peak. Home prices have risen 48.6 percent since the trough in home prices in March 2011 National home prices increased 6.7 percent year over […]
Housing Policy: Providing Insight to the Industry
CoreLogic and Office of the Chief Economist Continue to Drive the Conversation Led by Senior Vice President and Chief Economist Dr. Frank Nothaft, the Office of the Chief Economist (OCE) at CoreLogic frequently delivers analysis, commentary and forecasting trends in global real estate, insurance and mortgage markets, through keynote speeches at sponsored events and moderated panels, […]
Housing Policy: Office of the Chief Economist Q2 Summative Blog Post
Providing Insight to the Industry: CoreLogic and Office of the Chief Economist Continue to Drive the Conversation Led by Senior Vice President and Chief Economist Dr. Frank Nothaft, the Office of the Chief Economist (OCE) at CoreLogic frequently delivers analysis, commentary and forecasting trends in global real estate, insurance and mortgage markets, through keynote speeches at […]
Videos: U.S. Housing Policy Outlook July 2017
CoreLogic Update on Mortgage Fraud Activity Recently, we released our first quarter CoreLogic National Fraud Risk Index and, as we expected, the index hit a new high of 132. This was up from 122 in the fourth quarter and 113 a year ago. Keep in mind, the index is relatively new… it was started in […]
Mortgage Performance: Public PLMBS Issuance
Has it Been Ten Years Already? For those of us who’ve been in the industry for many years, “When will the private-label mortgage-backed securities market (PLMBS) return?” can garner a few yawns or even groans. If I haven’t lost you already, allow me to point out that we recently eclipsed the 10-year anniversary of the […]
Housing Trends: U.S. Economic Outlook July 2017
Sales within 30 days, and sales price above list, at new highs Comparing home sales for the first five months of the year, 2017 has had the best sales market in a decade. The reasons for the rise in sales include the lowest unemployment rate since 2001, low mortgage rates, the rosiest consumer confidence in […]
