Topic: First American CoreLogic Inc.

Kelly Hess and her husband, David, spent $8,000 in April remodeling the outside of their Dallas house, and they paid for it without a home equity...

The Mortgage Problem Hasn't Gone Away

Nevada is in the worst shape by far, as just about any bet that a bank made by giving out a mortgage in Las Vegas has come up "snake eyes. Florida, Michigan and California follow, all with more than a third of ...
Spin it whichever way you want, but the reports on housing from Case-Shiller and First American CoreLogic show a continued deflationary trend.. On a month-to-month basis prices fell 0.9% in February from January in the 20-city index and 0.6% in ...

Housing Needs SCUBA Gear

Nationally, 24% of all mortgages have outstanding values greater than the current market value. The term for this condition of negative equity is "under water", hence the title of this post.. Number 2 was Arizona, at 51%, followed by Florida at 48 ...

Housing: Still Very Shaky

I've been following the CoreLogic data on the number of underwater mortgages for over three years now, and it's undoubtedly the most reliable time series we have on that front. First American CoreLogic, the research firm that monitors housing equity ...

U.S. Existing Home Sales: Goodbye Growth

When it looked like the First Time Homebuyer Tax Credit was going to expire, folks rushed to buy. First American CoreLogic reported last week, however, that prices are again heading down..
The US housing market has not hit bottom and, depending on which view you take, has quite some room to move down further. Also, borrowers who have Alt-A loan products will have those coming due in the next couple of years and ...

1 in 5 Mortgages Upside Down

20% of US mortgages are underwater. In other words, they'd have to bring a check to sell their house - usually you receive money when you sell. A study by First American CoreLogic shows how falling home prices have brought more borrowers ...
6 states account for almost 60 percent of homeowners with mortgages higher than homes' valueHere's a shocker: If you add in the homeowners like them in California, Arizona, Florida, Georgia and Michigan, together they account for nearly 60 percent of all ...
"Things are not good, but they aren't really bad yet either. (NY Times via Seattle PI, June 1st) . "First American CoreLogic: Although only one-third of CBSAs are depreciating on a nominal basis, on an inflation adjusted basis, 90% of CBSAs are ...