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LATEST CORELOGIC ECON TWEETS

Data’s Sweet Spots

Leveraging Data from Trusted Partners to Enhance Insurance Processes

Susan Williams    |    Insurance

Underwriting Workflow

In late 2015, Novarica, an insurance research and consulting company, reported that 7 in 10 Property and Casualty insurers are "planning major enhancements or replacements to their business intelligence/analytics capabilities.” Integrating third-party data into the insurance workflow is a key aspect of this trend. In a report released in May of 2016, the company also noted the aging of...

Google Searches Shed Light on Rental Prices – Part I

National Average Rental Prices Unlikely to Fall This Summer

Bin He    |    Housing Trends

In a white paper published in 2009, Google claimed that Google Trends is able to help in predicting the present, in the sense that search volume data may be correlated with the current level of economic activity1. A growing number of academic studies have demonstrated that Google Trends can provide insights into home prices and Consumer Sentiment Index2, 3. Using...

Negative Equity Share Falls to 8 Percent in First Quarter 2016

Decreases Seen Across the Country

Molly Boesel    |    Property Valuation

25 States With the Largest YOY Change in Neg Equity
  • The negative equity share fell to 8 percent in Q1 2016 from 10.3 percent in Q1 2015.
  • Only North Dakota saw an increase in negative equity share over the past year, but the increase was minimal.
  • Negative equity remains low in the oil-patch areas.

The nationwide negative equity share decreased in Q1 2016, falling from 10.3 percent in Q1 2015 to...

CoreLogic U.S. Housing Policy Update: June 2016

CFPB Changes Its Tactics Over TRID - More Clarity (Maybe More Cooperation?) To Come

Faith Schwartz    |    Housing Policy, Videos

The Consumer Financial Protection Bureau (CFPB) has softened its approach to the TILA-RESPA Integrated Disclosure.

After months of informal dialogue between the industry and CFPB on issues related to TRID, the CFPB chief broke his silence and released a letter to industry trades, saying that it will issue a Notice of Proposed Rulemaking on TRID to provide greater...

New Technology Is Changing the Way Carriers Inspect Properties

To inspect or not to inspect

Mikhail Palatnik    |    Insurance

Benefit of Optimized Inspection Program

When underwriting a new policy or renewing an existing one, Insurance carriers used to have one option when it came to understanding the property’s current condition. A physical, on-site inspection of the property was conducted to make sure it was being properly maintained and to identify needed repairs or significant upgrades. But since so many homes did not have maintenance issues or...

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