CoreLogic released an analysis of home price trends in more than 380 U.S. markets based on the CoreLogic Case-Shiller Indexes. The indexes are owned and generated by CoreLogic, supplemented with data from the Federal Housing Finance Agency (FHFA). The CoreLogic Case-Shiller Indexes estimate that home prices increased by 7.3 percent in 2012, the strongest rate of appreciation in nearly seven years. The analysis also projected that the trend of rising home prices will continue in 2013 and beyond.Click to continue
CoreLogic announced that membership in its Data Co-op exceeded 100 MLS organizations, including Realcomp II Ltd., Michigan’s largest REALTOR-owned MLS with approximately 11,000 subscribers from more than 2,100 real estate offices. The CoreLogic Data Co-op facilitates data-sharing relationships among MLSs to provide real estate professionals access to listings from local, neighboring and relocation markets in the U.S and Canada.Click to continue
CoreLogic released its March CoreLogic HPI report. Home prices nationwide, including distressed sales, increased 10.5 percent on a year-over-year basis in March 2013 compared to March 2012. This change represents the biggest year-over-year increase since March 2006 and the 13th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 1.9 percent in March 2013 compared to February 2013.Click to continue
CoreLogic announced the availability of its LoanSafe suite of risk mitigation solutions on seven loan origination systems (LOS) through integration with QuestSoft’s Compliance EAGLE, a mortgage compliance review system. The LoanSafe Suite is now available through the Blueberry Relay, Calyx Point, Ellie Mae DataTrac, Harland E3, ISGN MORvision, LPS Empower and OpenClose systems.Click to continue
CoreLogic has released its March National Foreclosure Report which found that there were 55,000 completed foreclosures in the U.S. in March 2013, down from 66,000 in March 2012, a year-over-year decrease of 16 percent. On a month-over-month basis, completed foreclosures rose from 52,000 in February 2013 to the March level of 55,000, an increase of six percent. As a basis of comparison, prior to the decline in the housing market in 2007, completed foreclosures averaged 21,000 per month nationwide between 2000 and 2006.Click to continue
CoreLogic has announced the acquisition of Case-Shiller from Fiserv Inc. in conjunction with first quarter 2013 CoreLogic earnings results on April 24, 2013. The acquisition closed on March 20, 2013. In addition to the widely recognized Case-Shiller Indexes, CoreLogic will continue to offer its CoreLogic HPI, which represents the most geographically comprehensive and current set of home price indexes available. The CoreLogic HPI and the Case-Shiller Indexes are complementary measures of home price trends utilizing the same baseline methodology of repeat home sales.Click to continue
Ernst Publishing Company has released new functionality for its patented fee engine technology that allows the firm to overlay its data on a geocoding application provided by CoreLogic to provide precise local tax jurisdiction information to its customers. The new functionality is expected to save Ernst’s clients millions of dollars as new taxing jurisdictions continue to spring up across the country.Click to continue
CoreLogic released its February CoreLogic HPI report, home prices nationwide, including distressed sales, increased 10.2 percent on a year-over-year basis by in February 2013 compared to February. This change represents the biggest year-over-year increase since March 2006 and the 12th consecutive monthly increase in home prices nationally.Click to continue
CoreLogic has released its National Foreclosure Report for February, that provides data on completed U.S. foreclosures and the overall foreclosure inventory. According to CoreLogic, there were 54,000 completed foreclosures in the U.S. in February 2013, down from 67,000 in February 2012, a year-over-year decrease of 19 percent. On a month-over-month basis, completed foreclosures fell from 58,000 in January 2013 to the February level of 54,000, a decrease of seven percent.Click to continue
CoreLogic reported that the overall shadow inventory is down 28 percent from its peak in January 2010, when it reached three million homes.Click to continue