First American Financial Corp., Santa Ana, Calif., said its Real House Price Index showed home prices decreased by 1.6 percent from January to February and by 5.8 percent from a year ago.
Tag: Mark Fleming
First Wave of Employment Losses Smack March Jobs Report
Was it just last month that the nation’s unemployment rate matched a 50-year low? Yes, it was. But that was a lifetime ago in the Age of the Coronavirus.
First American: Fraud Risk Continues to Drop
Today’s housing market benefits from new technology and policy guardrails against fraud and defect risk, innovations that will serve the industry well in the uncertain days ahead, said Mark Fleming, Chief Economist with First American Financial Corp. Santa Ana, Calif.
S&P: Home Price Growth Stable in Early 2020
S&P Dow Jones Indices, New York, said home prices continue to increase at a modest rate across the U.S. to start the first quarter.
Mortgage Fraud Risk Falls to New Low
First American Financial Corp., Santa Ana, Calif., said frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications decreased by 3.0 percent from December to the lowest level since the company began tracking such data in 2011.
First American: December Fraud Risk Slows
First American Financial Corp., Santa Ana, Calif., said its monthly Loan Application Defect Index, which stabilized in November, fell again in December.
‘Sudden Uptick’ in Fraud Risk Raises Eyebrows
First American Financial Corp., Santa Ana, Calif., said its monthly Loan Application Defect Index showed a jump in mortgage fraud risk for purchase transactions, the first such increase since last March.
Sun Belt Cities Lead Annual Home Price Gains
Home prices continued to post modest gains in September, according to the Standard & Poor’s CoreLogic Case-Shiller Indices.
October Housing Starts: Slow and Steady Wins the Month
October housing starts rose by nearly 4 percent, HUD and the Census Bureau reported yesterday, a welcome signal that momentum appears to be rising among home buyers and home builders.
First American: Mortgage Fraud Risk at Three-Year Low
First American Financial Corp., Santa Ana, Calif., said frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications fell for the sixth consecutive month in September to its lowest level since December 2016.