Despite pandemic pressures, home prices increased 5.9 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
Tag: CoreLogic
CoreLogic: Nearly 2 Million Homes at Elevated Risk of Wildfire Damage
The report said 1,975,116 homes in the United States with an associated reconstruction cost of more than $638 billion at elevated risk of wildfire damage. These homes represent 6.5% of the total number of U.S. homes.
CoreLogic: Despite Pandemic, Homeowners Gain $620 Billion in Equity
CoreLogic, Irvine, Calif., said its 2nd Quarter Home Equity Report shows U.S. homeowners with mortgages—which account for 63% of all properties—have seen their equity increase by 6.6% year over year. This represents a collective equity gain of $620 billion and an average gain of $9,800 per homeowner from a year ago.
CoreLogic: Single-Family Rents Stabilize
CoreLogic, Irvine, Calif., said single-family rent growth stabilized in July after seeing its slowest growth in a decade during June.
Industry Briefs Sept. 4, 2020
CoreLogic, Irvine, Calif., issued a new data analysis estimating insured wind and storm surge losses for residential and commercial properties in Louisiana and Texas at between $8 billion and $12 billion, with insured storm surge losses estimated to contribute less than $0.5 billion to this total.
Industry Briefs Sept. 3, 2020
CoreLogic, Irvine, Calif., issued a new data analysis estimating insured wind and storm surge losses for residential and commercial properties in Louisiana and Texas at between $8 billion and $12 billion, with insured storm surge losses estimated to contribute less than $0.5 billion to this total.
Industry Briefs Aug. 20, 2020
Freedom Mortgage Corp., Mount Laurel, N.J., and RoundPoint Mortgage Servicing Corp., Charlotte, N.C. completed their previously announced merger. RoundPoint is now a wholly owned subsidiary of Freedom Mortgage, a full-service mortgage company and provider of VA and government-insured lending.
Industry Briefs Aug. 19, 2020
Freedom Mortgage Corp., Mount Laurel, N.J., and RoundPoint Mortgage Servicing Corp., Charlotte, N.C. completed their previously announced merger. RoundPoint is now a wholly owned subsidiary of Freedom Mortgage, a full-service mortgage company and provider of VA and government-insured lending.
ATTOM: Foreclosure Filings Continue Downward Trend Amid Pandemic
Next week, the Mortgage Bankers Association releases its 2nd Quarter National Delinquency Survey. This week, ATTOM Data Solutions, Irvine, Calif., said foreclosure moratoria stemming from the coronavirus pandemic kept new foreclosure filings low—but warned they could increase dramatically once those moratoria expire.
CoreLogic: ‘Clouds on The Horizon’ for Many U.S. Homeowners as Delinquency Rates Climb
Ahead of next week’s 2nd Quarter National Delinquency Survey from the Mortgage Bankers Association, CoreLogic, Irvine, Calif., said early-stage and adverse mortgage delinquency rates increased for the second consecutive month, with all 50 states and more than 75% of U.S. metro areas seeing increases in overall delinquency rates.