Blogs

April 18, 2019

WHF Annual Symposium

On April 9 in Washington, D.C., Women in Housing and Finance (WHF) hosted their annual symposium, with CoreLogic proudly serving as this year’s sole Gold Circle Sponsor. Discussions throughout the day centered around the theme of revolutionary times in housing and finance. Speakers and panelists ...

April 18, 2019

NAHREP Wealth and Real Estate Conference

Hispanic households increased their rate of homeownership for the fourth year in a row, growing to 47.1 percent in 2018 from a low of 45.4 percent in 2014.[1] Additionally, the popularity of low down payment mortgages amongst Hispanic and Latinos is perhaps due to a simple fact: on average, ...

April 9, 2019

Special Report: House Flipping and Profits

Flipping Rates Near Historic Highs, but Flippers are Playing a Different Game Home flipping activity[i] is on the rise. The rate has increased on a year-over-year basis for 12 consecutive quarters, and on a seasonally adjusted basis is now at the highest level since we started keeping track ...

March 18, 2019

Characteristics of Today’s Non-Qualified Mortgages

Limited Documentation and High Debt-to-Income, but High Credit Score and Low Loan-to-Value Five years have passed since the Consumer Financial Protection Bureau (CFPB) issued regulations to provide safer and more sustainable home loans for consumers, known as Qualified Mortgages (QMs).[1] Th...

November 14, 2018

Are Adjustable-Rate Mortgages More Popular as Mortgages Rates Rise?

ARM shares were highest in expensive metro areas The average mortgage rates on both 30-year fixed-rate mortgages (FRMs) and 5/1 adjustable-rate mortgages (ARMs) jumped by about 70 basis points from August 2017 to August 2018.[1] After the housing bubble burst, FRMs have been far more popular than...

November 7, 2018

Mortgages Are Denied More Often in Underserved Areas

Denial rate differences appear related to DTI, LTV, and credit score Home Mortgage Disclosure Act (HMDA) data provide the most comprehensive detail on loan application decisions across the US residential mortgage market. However, HMDA does not collect many applicant-level variables that determine...

October 11, 2018

Debt-to-Income Is the Number One Reason for Denied Mortgage Applica...

Debt-to-Income ratio has risen over the last few years Whether you are a first-time or seasoned homebuyer, with the joy and excitement of buying a home also generally comes the task of obtaining mortgage finance. However, every year, the dream of becoming a first-time homeowner or trading up may ...

September 28, 2018

The Impact of Natural Catastrophe on Mortgage Delinquency

2018’s Hurricanes and Wildfires Expected to Increase Serious Delinquency Rates The California wildfires of 2017 were some of the most destructive wildfires on record and 2018 is shaping up to be even more destructive.  In 2017 a total of 9,133 fires burned and damaged more than 10,000 struct...

September 26, 2018

5 Tips for Roof Repair

What do you do after a catastrophe? After a catastrophe hits, the real journey begins. It can take months to repair damage inflicted upon your home and knowing how to guard against unnecessary expenses and preserve the integrity of your home is critical in the days and weeks after the dust settle...

September 24, 2018

Guy Carpenter Licenses the CoreLogic U.S. Inland Flood Model

2017 was a game-changing year for the insurance industry. Between the catastrophic deluge of water dumped in Texas from Hurricane Harvey and the unprecedented underinsurance rates of families whose homes and lives were affected, there’s been an increased focus on flood risk by both insurance and ...

September 21, 2018

Podcast – Impact of Drones on Housing [Part 2]

 Join Mike Wynn and Neil Pearson, as they continue their discussion on drones impacting the housing industry.  In this episode the conversation centers on the security, privacy, and regulation of drones. Amanda Rabideau, HostPrincipal, CoreLogic, Innovation and Solutions Excellence Mike...

September 17, 2018

Kilauea’s Lava Lessons

Understanding the Risk a Volcano Poses The Hawaiian Islands are a lush tropical paradise with palm trees, beaches, and breathtaking active volcanoes. Their very makeup intrigues many, but it is also the source of potential catastrophe. The Island of Hawai’i, commonly referred to as the Big Island...