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LATEST CORELOGIC ECON TWEETS

February Distressed Sales Shares Resemble 2008 Levels

REO and Short Sales Accounted for 14 Percent of Homes Sold Nationally

Molly Boesel    |    Mortgage Performance

Distressed sales—real estate-owned (REO) and short sales—accounted for 13.5 percent of total home sales nationally in February 2015, a 3 percentage point drop from February 2014 and a 0.8 percentage point decrease from January 2015. Distressed sales shares typically decrease month over month in February due to seasonal factors. The February 2015 distressed sales share was the...

Wildfire in 2015: Can Prior Years Tell Us What to Expect?

Tom Jeffery    |    Natural Hazard Risk

The past two years did not result in the amount of wildfire activity that many wildfire scientists, foresters and fire responders had expected. Looking back, the 2013 season had all the earmarks of a bad year, with the continued U.S. drought and related accumulation of dry fuels. The 2014 season saw an enhancement of the drought in many areas and even more trepidation about the potential for...

FHFA Makes Decision on G-Fees

Incremental Changes Forthcoming

Stuart Quinn    |    Housing Policy

On April 17, 2015, the Federal Housing Finance Agency (FHFA), conservator of Fannie Mae and Freddie Mac, announced incremental changes to their guarantee fee adjustments (g-fees). The agency is removing the upfront adverse market conditions fee (AMDC) of...

#HousingBloom

CoreLogic and the Housing Policy Council of the Financial Services Roundtable host a breakfast event in Washington D.C., April 14, 2015 discussing the state of housing and housing reform.

Faith Schwartz    |    Housing Policy, Housing Trends

I had the pleasure of moderating the first panel at our co-hosted event in Washington, D.C. on Tuesday, April, 14th.  Refreshing and insightful information was offered by three respected chief economists, including Dr. Frank Nothaft of CoreLogic, Dr. David Crowe of the National Association of Homebuilders and Dr. Nela Richardson of Redfin. Each offered a unique take and perspective...

National Foreclosure Inventory Down 27 Percent Year Over Year in February

Florida Experiences Largest Year-Over-Year State Improvement

Molly Boesel    |    Mortgage Performance

Today CoreLogic reported that the national foreclosure inventory fell by 27.3 percent year over year in February 2015 to approximately 553,000 homes, or 1.4 percent of all homes with a mortgage, down from 761,000, or 1.9 percent, in February 2014. This marks 40...

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