Tag Archives: CoreLogic

The decrease in the share of all-cash transactions has been slow but steady. What factors are behind the decline?

The number of homes with equity has been on the rise while the number of homes with negative equity has been falling. What are the implications for the mortgage market and for the overall economy?

Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Frank Nothaft, SVP and Chief Economist with CoreLogic.

The nationwide share of residential homes in foreclosure is at its lowest level in eight years, but it remains high in a few areas. What states account for a large portion of the country's homes in foreclosure?

CoreLogic's SVP for Government and Public Affairs Faith Schwartz was recently elected to be the new Chair of the Hope LoanPort (HLP) Board of Directors. Schwartz has been a member of CoreLogic's team since 2013, with the mission of building business and relationships with the government, non-profits, think tanks, and universities

The signature report from CoreLogic Chief Economist Dr. Frank Nothaft offers viewers a few twists, turns and apparent contradictions.

When distressed properties account for a large share of all residential home sales, it tends to pull down the prices of non-distressed homes, since foreclosed and REO properties typically sell at a discount to non-distressed homes. Data released by CoreLogic shows that as of late, however, the still-high distressed sales share is not causing non-distressed prices to fall.

Indications of improvements in the mortgage risk performances space include are many, including tightened underwriting standards compared to the early 2000s and steadily declining negative equity, foreclosure starts, and distressed sales. What are the red flags the industry should be watching?

At their peak in January 2011, cash sales accounted for nearly half of all residential home sales in the United States (46.5 percent). Since then, that percentage has steadily declined; in August 2015, it was reported at 31.7 percent, less than one-third of all home sales—a decline of more than 3 percentage points from August 2014, when it was 34.9 percent.

CoreLogic Inc., announced that the company has released its enhanced home equity data set to expand the information delivered through its two home equity data solutions: CoreLogic Loan Level Home Equity and TrueStandings Home Equity.