With mortgage technology changing in the blink of an eye, MISMO, the Mortgage Industry Standards Maintenance Organization, is changing as well.
Tag: CoreLogic
Amid Rapid Change, MISMO Adapts
With mortgage technology changing in the blink of an eye, MISMO, the Mortgage Industry Standards Maintenance Organization, is changing as well.
CoreLogic: Serious Delinquency Rates Triple in Recent Disaster Areas
CoreLogic, Irvine, Calif., released its annual Natural Hazard Report, saying communities affected by wildfire, hurricanes, tornadoes, earthquakes and other natural disasters in 2019 will likely experience an increase in mortgage delinquency rates, taking 12 or more months before normalizing to pre-disaster rates.
Amid Rapid Change, MISMO Adapts
With mortgage technology changing in the blink of an eye, MISMO, the Mortgage Industry Standards Maintenance Organization, is changing as well.
CoreLogic: With QM GSE ‘Patch’ Set to Expire, Impact Warrants Closer Investigation
In two blog posts this week, CoreLogic, Irvine, Calif., said expiration of the Consumer Financial Protection Bureau’s Qualified Mortgage “GSE Patch” has thus far resulted in little distinction in loan delinquencies in certain rate spread categories, but noted closer investigation is warranted.
CoreLogic: October Delinquency Rate Hits 20-Year Low
CoreLogic, Irvine, Calif., reported 3.7% of mortgages were in some stage of delinquency in October, an 0.4 percentage point decline from a year ago.
CoreLogic: November Home Prices Increase by 3.7% from Year Ago
CoreLogic, Irvine, Calif., reported this morning home prices rose both year over year and month over month in November. Home prices increased nationally by 3.7% from a year ago; on a month-over-month basis, prices increased by 0.5% from October.
Residential Briefs
First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.
Residential Briefs
First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.
S&P: Home Prices Post 3.3% Annual Gain
The S&P CoreLogic Case-Shiller Home Price Indices reported a 3.3% annual gain in October, up from 3.2% in the previous month.