A new intelligence report written by Scott Giberson, Principal of Product Compliance for CoreLogic, puts some common misconceptions about flood insurance under the microscope.
Read More »Upcoming Hurricane Season May Threaten an Estimated 33 Million U.S. Homes
A new report from CoreLogic has found that climate change is expected to alter hurricane activity this year, placing $11.6 trillion total reconstruction cost value at risk of hurricane-force wind damage across U.S. coastal counties.
Read More »Case-Shiller Index: Housing Prices Continue Recovery
The Latest S&P CoreLogic Case-Shiller Index found that the national index posted a 1.3% increase in March 2023 over the previous month.
Read More »Equity, Unemployment Rates Keeping Mortgage Delinquencies at Historic Lows
According to CoreLogic, the nationwide delinquency rate dropped to 1.1%, the lowest level reported in 23 years, as the unemployment rate remains near an all-time low.
Read More »Ranking the Nation’s Areas Most Vulnerable to Natural Disasters
With exposure to hurricanes and inland floods, CoreLogic found that a location in Louisiana was the riskiest place in the U.S. for property owners due to damage from natural disasters. Click through to learn the details.
Read More »Annual Home Price Growth Falls to 10-Year Low
While annual home price growth fell to lows not seen in a decade, growth still increased for the 134th consecutive month in March 2023.
Read More »Nationwide Mortgage Delinquency Rate Neared Record Low in February
“February’s early-stage delinquency rate was historically low and primarily driven by a strong job market,” said Molly Boesel, Principal Economist at CoreLogic. “However, the possibility of a recession that would raise the U.S. unemployment rate could slightly erode the current strong mortgage performance situation in the coming months.”
Read More »Nearly $17B Reportedly Lost Annually From Severe Storms
CoreLogic’s latest analysis of straight-line winds, tornadoes, hail, and severe thunderstorms has found that storms in 2022 accounted for an average annual loss of more than $17 billion, with hail damage accounting for more than $11 billion of those losses.
Read More »YoY Single-Family Rent Growth Cooled in February
Single-family rent price growth dropped 5% in February, according to a new CoreLogic report, with new data showing that many renters are seeking more affordable areas.
Read More »The Week Ahead: Servicers and Government Officials to Meet in D.C.
The Annual Five Star Government Forum is set for April 11 in Washington, D.C., bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues.
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