CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages saw their equity increase by 10.8% year over year in the third quarter—a collective equity gain of $1 trillion and an average gain of $17,000 per homeowner.
Tag: CoreLogic
CoreLogic: Serious Delinquencies Level Off in ‘Positive Signal’
CoreLogic, Irvine, Calif., said its monthly Loan Performance Insights Report for September showed a leveling off of serious loan delinquencies, a “positive signal” that the housing finance industry is thus far adjusting to the pandemic-induced economic downturn.
Absent Inventories, Home Prices Continue to Soar
November saw no letup in the S&P CoreLogic Case-Shiller Home Price Indices, with home prices nationwide jumping by 7 percent annually. And the Federal Housing Finance Agency said it was even more, rising by nearly 8 percent.
Single-Family Rents Bounce Back
CoreLogic, Irvine, Calif., said single-family rent growth gained strength in September but remain below pre-pandemic rates.
CoreLogic: Foreclosures Remain Low; Serious Delinquencies Continue to Build Up
Ahead of this morning’s quarterly National Delinquency Survey from the Mortgage Bankers Association, CoreLogic, Irvine, Calif., said the 150-day delinquency rate reached its highest level since January 1999, noting that forbearance provisions have helped foreclosure rates maintain historic lows.
Industry Briefs Nov. 5, 2020
Top of Mind Networks, Atlanta, a provider in customer relationship management and marketing automation software for the mortgage lending industry, announced its integration with digital mortgage point-of-sale platform Floify, Boulder, Colo.
Home Price Appreciation Jumps to Six-Year High
CoreLogic, Irvine, Calif., said home prices increased 6.7% nationally in September 2020 compared with September 2019, the fastest annual acceleration since May 2014.
CoreLogic Reports 26.3% Decrease in Mortgage Fraud Risk
CoreLogic, Irvine, Calif., reported a 26.3% year-over-year decrease in fraud risk at the end of the second quarter, the second year of substantial decreases in risk.
Industry Briefs Oct. 23, 2020
Black Knight Inc., Jacksonville, Fla., launched a Customer Service platform that provides an enhanced customer service experience for both customer service representatives and consumers.
CoreLogic: Serious Delinquencies Spiking Despite Strong Housing Demand
CoreLogic, Irvine, Calif., reported an increase in overall mortgage delinquency rates in July—and in particular, a spike in serious delinquencies to their highest level in more than six years.