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CoreLogic

Obama Scorecard Highlights Rebound in the Sale of New and Existing Homes

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The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the May edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators, including growing equity and a rebound in the sale of new and existing homes. While this scorecard notes positive overall trends in the housing market, officials caution that the harsh winter slowed growth as the economy recovers from the Great Recession.Click to continue

Monthly Home Sales Rise Nearly 30 Percent in California

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An estimated 32,923 new and resale houses and condos sold in the state of California in the month of March. That was up 28.2 percent from 25,680 in February, and down 12.8 percent from 37,764 sales in March 2013, according to San Diego-based DataQuick.Click to continue

CoreLogic and the Urban Institute Co-Host Forum on Private Capital in the Mortgage Marketplace

House of Blocks/Copyright: Phil Ashley/Credit: Phil Ashley

CoreLogic, along with the Urban Institute recently hosted an interactive Capitol Hill panel event titled, Bringing Private Capital Back to the Mortgage Market. The panel featured candid discussion among participants from the government, nonprofit and private sectors. Panelists explored the technical and political challenges to be addressed before private capital can be “crowded in” to the mortgage securitization market. The focus of the discussion was on pricing, governance and servicing.Click to continue

Rep. Duffy Leads Bipartisan House Push for CFPB Oversight

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Rep. Sean Duffy (R-WI) recently argued before the U.S. House of Representatives regarding the “dangerous” nature of the Consumer Financial Protection Bureau (CFPB). Duffy gave an impassioned speech, outlining some of the much-needed reforms to the CFPB, including replacing the Bureau's Director Richard Cordray with a board responsible solely to the American people. Duffy's sponsored HR 3193, The Consumer Financial Freedom and Washington Accountability Act, was passed the House by a strong bipartisan vote of 232-182.Click to continue

CoreLogic: Annual Home Price Growth Strongest Since 2005

Home Equity/Credit: Comstock

CoreLogic has released its December CoreLogic Home Price Index (HPI) report which found that year-over-year, home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012. This change represents the 22nd consecutive monthly year-over-year increase in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, decreased by 0.1 percent in December 2013 compared to November 2013.Click to continue

Foreclosure Inventory Drops by More Than 30 Percent Year-Over-Year in December

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CoreLogic has released its December National Foreclosure Report, which provides data on completed U.S. foreclosures and the national foreclosure inventory. According to CoreLogic, there were 620,111 completed foreclosures across the country in 2013 compared to 820,498 in 2012, a decrease of 24 percent. For the month of December, there were 45,000 completed foreclosures, down from 52,000 in December 2012, a year-over-year decrease of 14 percent. On a month-over-month basis, completed foreclosures decreased 4.1 percent, from 47,000 reported in November 2013.Click to continue

CoreLogic Unveils List That Includes 23 New REALTOR Listings

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CoreLogic announced that 23 additional multiple listing organizations representing approximately 73,000 real estate professionals committed to Realist in the second half of 2013, including Metrolist, which serves 14,000 members in the Denver area, and Houston Association of REALTORS, which serves 24,000 members. With these and new installations, more than 700,000 agents—approximately two-thirds of all REALTORS in the U.S.—will have access to Realist, the flagship property information system from CoreLogic.Click to continue

Shadow Inventory Down to 1.7 Million Homes Nationwide

Shadow Home/Credit: Comstock

CoreLogic released its November National Foreclosure Report with a supplement featuring quarterly shadow inventory data as of October 2013.

According to CoreLogic analysis:

►There were 46,000 completed foreclosures in the United States in November 2013, down from 64,000 in November 2012, a year-over-year decrease of 29 percent. On a month-over-month basis, completed foreclosures decreased 8.3 percent, from 50,000 in October 2013.Click to continue