Follow Insights Blog

CoreLogic

CoreLogic Econ

LATEST CORELOGIC ECON TWEETS

Mortgage Performance

Housing Credit Index: First Quarter 2017

Loans Originated in the First Quarter Exhibit Slightly Higher Credit Risk Compared to the Previous Year

Archana Pradhan    |    Mortgage Performance

Corelogic Overall Housing Credit Index
  • CoreLogic’s Housing Credit Index (HCI) found mortgage loans originated during Q1 2017 exhibit slightly higher credit risk compared with the previous year but remained similar to early 2000s.
  • The average credit score for homebuyers increased 7 points between Q1 2016 and Q1 2017, rising from 734 to 741.
  • The average loan-to-value...

Loan Performance Insights Report Highlights: March 2017

Mortgage Delinquency Rate Falls to a 10-Year Low

Molly Boesel    |    Mortgage Performance

  • Early-stage delinquencies fell to the lowest level recorded back to January 2000
  • The current-to 30-day transition rate decreased in March 2017 from a year earlier
  • North Dakota had the lowest delinquency rate of any state

In March 2017, 4.4 percent of home mortgages were in some stage of delinquency, down from...

Loan Performance Insights Report Highlights: February 2017

Share of Mortgages in Some Stage of Delinquency Fell to 5 Percent

Molly Boesel    |    Mortgage Performance

Current-to-30-Day Transition Rate
  • Early-stage delinquencies were unchanged from a year ago
  • The current-to 30-day transition rate increased in February 2017 from a year earlier
  • San Francisco had the lowest delinquency rate of the largest metropolitan areas

 In February 2017, 5 percent of home mortgages were in some stage of delinquency, down from 5.5 percent a year earlier,...

Is the Credit Cycle Turning?

Mortgage Performance is Beginning to Deteriorate

Sam Khater    |    Mortgage Performance

Delinquency Rate by Loan Type

The contours of a typical economic expansion and recession are strongly driven by loan performance. When times are good, lenders expand loan production to more marginal borrowers but when loan performance begins to deteriorate, lenders become more conservative, which often exacerbates an economic downturn. Therefore, an understanding of the credit cycle is important to understanding the...

Prepare for Higher Fraud Risk in 2017

The Warning Lights Keep Flashing

Bridget Berg    |    Mortgage Performance

Lights

At the end of 2016, the CoreLogic National Mortgage Application Fraud Risk Index matched its previous high level of 122. CoreLogic has been gauging fraud risk on this Index since Q3 2010, with a starting benchmark of 100. We anticipate the Q1 2017 Index, due out April 20, will record the highest level to date, likely breaking through the 130 mark.

As we’ve noted in the past, the...

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | Older Entries >>