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Tag Archives: First American Financial Corporation

The State of Government Loan Servicing

The 13th Annual Five Star Government Forum will be held in our nation’s capital in April, bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues and work toward solutions.

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Mortgage Rates Key to Increasing Affordability

“Housing affordability is the result of the tug-of-war between purchasing power, which is the product of household income and mortgage rates, and nominal house price growth,” said First American Economist Ksenia Potapov.

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Home Price Index Up 60% Annually

“But real estate is local, and there are markets where annual price growth isn’t just slowing, but prices are falling from recent peaks,” said Mark Fleming, Chief Economist at First American Financial Corporation.

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Is a Housing Market Normalization Upon Us?

First American Financial Corporation has released the latest Potential Home Sales Model for the month of July 2022, which uses proprietary data to measure what the healthy market level of home sales should be based on economic, demographic, and housing ...

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Potential Home Sales Back Off

Potential is defined as the latent ability for a thing to develop into something bigger in the future. Currently, the housing market is trying to find a new “post-pandemic norm” amid an environment of rising interest rates, record-high inflation, and ...

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Median Household Income Increases 5%

First American Financial Corporation, a provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, has released the April 2022 First American Real House Price Index (RHPI). The RHPI measures ...

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Are Rising Mortgage Rates Slowing House Price Appreciation?

First American Financial Corporation released the March 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying ...

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First American Appoints New Board Member

First American Financial Corporation, a provider of title, settlement and risk solutions for real estate transactions, announced today that Marsha A. Spence has been appointed to the company’s board of directors.  Over the course of her 45-year career in title ...

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Real House Prices Increased 21.7% YoY in December

First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for December 2021, which measures the price changes of single-family properties across national, state, and metropolitan areas, which are adjusted based on income, interest rates, and home-buying power. The ultimate goal of this is to provide a clearer ...

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