Equifax, Atlanta, said it will provide telecommunications (telco), pay TV and utilities attributes to the mortgage industry to help streamline the mortgage underwriting process and support loans within the secondary mortgage market.
Tag: CoreLogic
CoreLogic: Insured, Uninsured Damages for Hurricane Ian at $41-$70 Billion
CoreLogic, Irvine, said final damage estimates for Hurricane Ian could run as high as $70 billion—of which up to $17 billion could be uninsured.
MBA, CoreLogic Establish Frank Nothaft Memorial Fellowship Fund
The Mortgage Bankers Association and CoreLogic, Irvine, Calif., announced establishment of the Dr. Frank Nothaft Memorial Fellowship Fund at Columbia University, in honor of the longtime CoreLogic Chief Economist who passed away suddenly in June.
Housing Market Roundup Sept. 15, 2022
Here’s a quick summary of recent housing market reports that have come across the MBA NewsLink desk:
CoreLogic: 30 Years After Hurricane Andrew, Problems Persist for Insurance, Mortgage Industries
CoreLogic, Irvine, Calif., said in the 30 years since Hurricane Andrew devastated much of South Florida, the risk management landscape has evolved “tremendously.” But many questions remain—and with South Florida still a popular place to live, many of the risks from 1992 still exist today.
Single-Family Rent Growth Slows
CoreLogic, Irvine, Calif., said U.S. single-family rent growth slowed in June but remains elevated.
CoreLogic: Annual Single-Family Rent Growth Holds Steady at Record High in May
CoreLogic, Irvine, Calif., said annual U.S. single-family rent growth remained at a record high in May, posting a 13.9% increase from May 2021.
Industry Briefs July 12, 2022: Sales Boomerang, Mortgage Coach Merge
Sales Boomerang, Owings Mill, Md., an automated borrower intelligence and retention system, and Mortgage Coach, Irvine, Calif., a platform enabling mortgage lenders to educate borrowers with interactive home loan presentations, announced their merger and appointed SaaS executive Richard Harris as CEO.
Single-Family Rent Growth Sees 13th Consecutive Record-Breaking Month
CoreLogic, Irvine, Calif., said U.S. single-family rent growth continued its hot streak in May, with prices up by 14 percent year-over-year for the thirteenth consecutive month of record-breaking annual gains.
CoreLogic: 7.8 Million U.S. Properties at Risk of Hurricane-Force Wind, Storm Surge Damage
CoreLogic, Irvine, Calif., said its risk modeling shows nearly 7.8 million homes with more than $2.3 trillion in combined reconstruction cost value are at risk of hurricane-related damages.