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Tag Archives: Fiserv

First Foundation Bank Adds Digital Solutions From Fiserv

Fiserv, Inc., a global provider of financial services technology solutions, has announced that First Foundation Bank, based in Irvine, California, has extended and expanded its relationship with Fiserv to meet the growing technological needs of its diverse customer base. First ...

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Virginia Bank Chooses Fiserv Lending Platform

Fiserv, Inc., a provider of financial services technology, announced its Common Origination Platform has been selected as the platform of choice for Virginia's Old Point National Bank (OPNB). A Fiserv client since 1996, OPNB possesses $845.3 million assets and offers banking services to both retail and commercial customers.

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Fiserv: Home Prices Growing at a ‘Normal’ Pace

The housing market is seeing prices appreciate at a normal pace, with further growth expected in the next five years, according to Fiserv Inc. From Q3 2011 to Q3 2012, home prices rose by 3.6 percent, the Fiserv Case-Shiller Indexes revealed. Furthermore, Fiserv predicts a 0.6 percent increase in home prices from Q3 2012 to Q3 2013. The gains are expected to continue into the next 5 years, with prices projected to grow at an annualized rate of 3.3 percent from Q3 2012 to the Q3 2017. When excluding gains from the 2009 and 2010 home buyer tax credits, Fiserv noted 2012 was the first positive year for home prices and home sales volumes.

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Fiserv Projects Home Price Growth into 2017

The latest numbers from the Fiserv Case-Shiller Indexes show that the housing market may finally be on solid footing again. Average U.S. home prices increased by 1.2 percent in Q2 2012 from the same quarter last year. The year-over-year increase is the first since 2006 when excluding 2010, which was influenced by the federal homebuyer's tax credit. Fiserv projects that housing prices will grow annually at a rate of 3.3 percent from mid-2012 through Q2 2017.

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