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.

Single-Family Rents Grow 3%

CoreLogic, Irvine, Calif., said rents in single-family rental properties increased 3 percent year-over-year in November.

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.