CoreLogic Provides Enhanced Visualization and Portfolio Impacts on the Los Angeles Wildfires Through New Strategic Relationship with Vexcel Imaging
CoreLogic®, a leader in global property information, analytics and data-enabled solutions, announced a new strategic alliance with Vexcel Imaging, a global leader in aerial imagery.
CoreLogic Estimates the Eaton and Palisades Fires are Causing Devastating Initial Property Losses Estimated to be Between $35 Billion to $45 Billion
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced preliminary residential and commercial loss estimates for the Eaton and Palisades Fires in Los Angeles, California. According to this new data analysis, ongoing losses from the Los Angeles wildfires are estimated to be between $35 to $45 billion, as both fires are less than 50% contained as of Thursday afternoon. CoreLogic will provide final insured loss estimates once the fires have been fully contained.
CoreLogic: Northeastern, New England States Continue to Lead US for Annual Home Price Growth in November
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for November 2024.
CoreLogic Announces Acquisition of Prime Ecosystem, Expanding Contractor Solutions Globally
CoreLogic®, a global leader in property information, analytics, and data-enabled solutions, today announces its acquisition of Prime Ecosystem, a prominent technology firm specializing in construction, restoration, and maintenance management platforms in Australia. This strategic acquisition aims to extend Prime Ecosystem's proven contractor technology from Australia to other international markets, starting with the United Kingdom, and further support Prime’s rapid growth in its home markets.
CoreLogic: US Homeowners See Equity Gains Drop by More Than 5 Percent in Q3
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the third quarter of 2024. The report shows that U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by $425 billion since the third quarter of 2023, a gain of 2.5% year over year, bringing the total net homeowner equity to over $17.5 trillion in the third quarter of 2024.
CoreLogic: Annual Home Price Growth Stalls in October
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2024.
CoreLogic: Annual Home Price Slowdown Continues in September
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2024.
CoreLogic: Hurricane Milton Wind, Flood Cause an Estimated $17B to $28B in Insured Losses After Unusual Landfall Activity
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced initial residential and commercial wind and flood loss estimates for Hurricane Milton. According to this initial data analysis, CoreLogic estimated that industry-wide insured wind and flood losses from Hurricane Milton are expected to be between $17 billion and $28 billion, and that total amount of damage, including losses to uninsured property, will be between $21 billion and $34 billion.
CoreLogic: Hurricane Milton Threatens More than 500,000 Homes in the Tampa Bay and Sarasota, Fla. Areas
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 500,000 single-family and multifamily homes in Tampa Bay and Sarasota, Florida metropolitan areas with a reconstruction cost value (RCV) of approximately $123 billion are at potential risk of storm surge damage from Hurricane Milton. These figures assume Hurricane Milton makes landfall as a Category 3 hurricane and are based on the October 8, 2024, National Hurricane Center 11 a.m. E.T. forecast.
CoreLogic: Final Estimated Damages for Hurricane Helene to be Between $30.5 Billion and $47.5 Billion
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced its updated and final damage estimates for Hurricane Helene.
CoreLogic: US Annual Home Price Growth Inches Up in August
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for August 2024.
CoreLogic: Hurricane Helene Wind, Storm Surge Cause an Initial Estimated $3 - $5 Billion in Insured Losses
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced initial residential and commercial storm surge and wind loss estimates for Hurricane Helene. According to this initial data analysis, wind and storm surge losses for insured residential and commercial properties in Florida and Georgia are expected to be between $3 and $5 billion. Updated damage estimates that will also include inland flood loss will be announced early next week after the storm has subsided.
CoreLogic: U.S. Homeowners See Equity Gains Continue to Climb, but at a Slower Pace in Q2
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the second quarter of 2024. The report shows that U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 8.0% year over year, representing a collective gain of $1.3 trillion and an average increase of $25,000 per borrower since the second quarter of 2023, bringing the total net homeowner equity to over $17.6 trillion in the second quarter of 2024
CoreLogic: Annual US Home Price Growth Dips Below 5% as Summer Brings Notable Cooling to the Housing Market
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for July 2024.
CoreLogic 2024 Wildfire Risk Report Finds More Than 2.6 Million Homes at Moderate to High-Risk of Wildfire Damage
Natural disasters are becoming more intense as a result of changing weather patterns and wildfires are no exception. The 2024 CoreLogic Wildfire Risk Report found more than 2.6 million homes across 14 states are at moderate to very high risk of wildfire damage during the 2024 wildfire season, with a total reconstruction cost of $1.3 trillion. With those figures as a backdrop, the report also highlights the importance of mitigation techniques, both on an individual property and community wide basis—which have benefits for both homeowners and insurers.
CoreLogic: Annual US Home Price Growth Below 5% for Second Consecutive Month as June Home Prices Cool
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for June 2024.
CoreLogic: Annual US Home Price Growth Dips Below 5% in May as Prices Cool Across More Markets
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for May 2024.
CoreLogic: US Homeowners See Equity Increase to Nearly All-Time High in Q1
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the first quarter of 2024. The report shows that U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 9.6% year over year, representing a collective gain of $1.5 trillion and an average increase of $28,000 per borrower since the first quarter of 2023. This brought total net homeowner equity to more than $17 trillion at the end of Q1 2024.
CoreLogic: Monthly US Home Price Gains Dip Below Seasonal Average in April
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for April 2024.
CoreLogic: US Annual Home Price Growth Slows but Still Up by Over 5% in February
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for February 2024.
CoreLogic: Number of Underwater US Homes Drops by 15% Annually in the Fourth Quarter
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the fourth quarter of 2023. The report shows that U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 8.6% year over year, representing a collective gain of $1.3 trillion and an average increase of slightly more than $24,000 per borrower since the fourth quarter of 2022. This brought total net homeowner equity to more than $16.6 billion at the of 2023.
CoreLogic: Annual US Home Price Growth Moves Up Gradually Again in January
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for January 2024.
CoreLogic Deepens Capabilities through Strategic Alliance with Google Cloud
CoreLogic®, a leading global provider of property data and analytics, has announced the expansion of its strategic alliance with Google Cloud, solidifying a successful collaboration that has thrived over the past half-decade.
Job Growth Continues to Drive Annual Home Price Gains in December, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for December 2023.
CoreLogic: US Home Price Growth Speeds Up Again in November
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for November 2023.
US Home Price Growth Continues Slow but Steady Increase in October, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2023.
CoreLogic: Low Inventory, High Mortgage Rates Dampen September Southern California Home Sales
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for September 2023. The report includes data for new and resale single-family homes and resale condominiums from six counties in the region: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.
CoreLogic: US Annual Home Price Growth Speeds Up in September, Reflecting Early 2023 Gains
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2023.
CoreLogic Introduces Enhanced AutomatIQ Borrower VOE/I
CoreLogic®, a leader in global property information, analytics and data-enabled solutions, has announced enhancements to its AutomatIQ Borrower Verification of Employment and Income (VOE/I) to offer lenders more flexibility in employment and income verification*. With a combination of four different verification options, lenders can streamline operations by creating custom waterfall verification solutions to meet individual objectives around speed, coverage and cost savings.
US Serious Mortgage Delinquency Rate Drops to All-Time Low in August, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for August 2023.
US Annual Home Price Growth Picks Up Pace in August, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for August 2023.
CoreLogic: US Mortgage Performance Remains Exceptionally Strong in July
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for July 2023.
Annual US Home Price Growth Rebounds in July, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for July 2023.
CoreLogic: No US States Post Annual Mortgage Delinquency Increases in June
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for June 2023.
CoreLogic: Hurricane Idalia Threatens More than 800,000 Homes Along Florida Gulf with Forecasted Storm Surge Heights Up to Fifteen Feet
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 808,321 single-family and multifamily homes along the Florida gulf coast with a reconstruction cost value (RCV) of approximately $238.4 billion are at potential risk of storm surge damage from Hurricane Idalia. These figures assume Hurricane Idalia makes landfall as a Category 3 hurricane and are based on the August 29, 2023 National Hurricane Center 5 a.m. E.T. forecast.
CoreLogic: Southern California Home Sales Down by Nearly 25% Year Over Year in June
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for June 2023. The report includes data for new and resale single-family homes and resale condominiums from six counties in the region: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.
CoreLogic: US Annual Home Price Growth Inches Up in June
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for June 2023.
US Mortgage Delinquency Rate Drops to All-Time Low in May, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for May 2023.
CoreLogic Unveils an Insightful Look Back at Barbie Dreamhouse Prices from 1962 to 2023
CoreLogic®, a leading global provider of property data and analytics, has done an estimated home price analysis of the iconic Barbie Dreamhouse prices in 1962 compared to 2023. The Dreamhouse debuted in 1962 and while the iconic toy underwent renovations over the years, this price comparison is for the pink palace we know today. The research sheds light on the notable changes in the real estate market across several major cities in the United States over the past six decades—particularly for multi-level pink houses outfitted with elevators.
CoreLogic Revolutionizes Data Access and Insights For Mortgage Lenders
CoreLogic®, a leading provider specializing in property information, analytics, and data-enabled solutions, has announced an enhancement to the CoreLogic Discovery Platform™. This robust, cloud-based platform is known for its innovative data exchange, property analytics and integration with major cloud and tech providers, further positioning CoreLogic as a premier property and location intelligence service provider.
CoreLogic: US Annual Home Price Growth Drops to the Lowest Rate in 11 Years in May
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for May 2023.
CoreLogic: US Mortgage Performance Continues Strong Run in April
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for April 2023.
CoreLogic Expands Accessibility of Data, Analytics, and Insights through Integration with Databricks Marketplace
CoreLogic®, a leader in global property information, analytics, and data-enabled solutions, has announced its integration with Databricks Marketplace, a move that significantly expands the accessibility of CoreLogic's comprehensive datasets and analytics tools. This strategic collaboration amplifies CoreLogic’s commitment to meet clients in their world, in their cloud, and within their tech stack allowing a wider range of real estate, insurance and mortgage professionals to directly incorporate CoreLogic's data and insights into their existing workflows. This results in quicker and more impactful decision-making capabilities and improved business performance.
CoreLogic Transforms Decision-Making for Real Estate, Insurance and Mortgage Leaders through New Self-Service Clip Enablement App on Snowflake Marketplace
CoreLogic®, a leader in global property information, analytics and data-enabled solutions, is reducing the time to insight from months to minutes with its new Self-Serve Clip App available on the Snowflake Marketplace. Built natively for Snowflake, the new app integrates seamlessly with the Snowflake platform and other cloud stacks, empowering insights delivered directly in a client’s environment. The Self-Serve CLIP app allows users to easily assign CoreLogic’s property identifier to their property portfolio to unlock CoreLogic’s data easily from within their own Snowflake instance.
CoreLogic: US Home Borrowers See First Annual Home Equity Losses Since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the first quarter of 2023. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease by 0.7% year over year, representing a collective loss of $108.4 billion, and an average loss of $5,400 per borrower since the first quarter of 2022.
CoreLogic: Home Price Growth Continues Annual Single-Digit Slowdown in April
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for April 2023.
Climate Change-Influenced Hurricane Season Could Threaten an Estimated 33 Million Homes According to CoreLogic
To mark the start of the 2023 Atlantic Hurricane Season, CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its 2023 Hurricane Risk Report, shedding light on the evolving landscape of hurricane risk in the face of climate change. The report analyzes risks for single-family residences (SFRs) and multifamily residences (MFRs) along the U.S. Gulf and Atlantic Coasts.
Overall US Mortgage Delinquency Rate Drops to All-Time Low in March, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for March 2023.
CoreLogic Ranks Riskiest US Housing Markets Based on Natural-Disaster Probability
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has announced the results of its riskiest places to live for natural disasters study. With exposure to hurricanes and inland floods Plaquemines Parish, Louisiana, emerged as the riskiest place for property owners due to damages from natural disasters. Areas on or near the U.S. Gulf Coast are particularly vulnerable to potential catastrophe damages, both currently and in the future.
CoreLogic: March US Annual Home Price Growth Dips to Lowest Rate in More Than a Decade
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for March 2023.
CoreLogic: US Mortgage Delinquency Rate Hovers Near Record Low in February
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for February 2023.
Southern California Median Home Price Declines Year Over Year in March, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for March 2023. The report includes data for new and resale single-family homes and resale condominiums from six counties in the region: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.
US Annual Home Price Growth Continues Single-Digit Slide in February, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for February 2023.
CoreLogic: US Mortgage Delinquencies Fall for 22nd Straight Month Year Over Year in January
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for January 2023.
Southwestern State Counties Rank Highest in CoreLogic’s “Safest Places to Live” Study Forecasting the Next 30 Years of Natural Disasters
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has announced the results of its “Safest Place to Live” study which details the least risky places to live in the U.S. from a natural hazard perspective. While severe convective storms and flooding pose risk to most homes in the U.S., McKinley County, New Mexico emerged as the least risky county to live due to its lack of hurricane and earthquake risk. Additionally, five counties in Colorado rank in the top 10 for lowest-risk areas for natural catastrophes.
CoreLogic: Southern California Home Prices Decline Year Over Year in February
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for February 2023. The report includes data for new and resale single-family homes and resale condominiums from six counties in the region: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.
US Annual Home Equity Gains Cool Again in Q4 2022, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the fourth quarter of 2022. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw equity increase by 7.3% year over year, representing a collective gain of $1 trillion, for an average of $14,300 per borrower, since the fourth quarter of 2021.
CoreLogic: US Annual Home Price Growth Continues Single-Digit Slowdown in January
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for January 2023.
CoreLogic Boosts its Proptech Powers with Acquisition of Digital Real Estate Marketing Firm Plezzel
Leading independent property data and analytics powerhouse CoreLogic International has completed its acquisition of Victorian-based proptech firm Plezzel, helping to expand its real estate industry technology solutions.
US Mortgage Performance Ends 2022 on Strong Note, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for December 2022.
CoreLogic Acquires Roostify, Expanding Digital Mortgage Capabilities
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has acquired Roostify, a leading digital mortgage technology provider.
Peak Fall Mortgage Rates Further Cooled Home Price Growth in December, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for December 2022.
US Mortgage Performance Remains Exceptionally Healthy in November, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2022.
CoreLogic Appoints Selma Hepp to Chief Economist Role at CoreLogic
CoreLogic® announced today that Selma Hepp has been appointed as Chief Economist. Selma was named interim chief economist in July 2022.
CoreLogic’s Major US Housing Market Trends of 2022
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the major U.S. housing trends wrap-up for 2022.
Annual Home Price Growth Slows to Two-Year Low in November, CoreLogic Reports
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for November 2022.
CoreLogic Launches Climate Risk Analytics™ to Model and Predict Property Risk Through 2050
CoreLogic®, a leading global property data and analytics-driven solutions provider, has announced the launch of Climate Risk Analytics™, designed to help government agencies and enterprises measure, model and mitigate the physical risks of climate change to the real estate industry, initially through 2050. This solution is built on Google Cloud’s secure and sustainable infrastructure
CoreLogic: US Home Equity Gains Rose Annually in Q3 but Fell Sharply From Q2
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the third quarter of 2022. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw equity increase by 15.8% year over year, representing a collective gain of $2.2 trillion, for an average of $34,300 per borrower, since the third quarter of 2021.
US Annual Home Price Growth Slows to Half of Spring 2022 Peak in October, CoreLogic Reports
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2022.
CoreLogic: While Buyer Demand Cools, Home Prices Dropped by 0.5% in September From the Previous Month
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2022.
CoreLogic Analysis Shows Final Estimated Insured and Uninsured Damages for Hurricane Ian to be Between $41 Billion and $70 Billion
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced its updated and final damage estimates for Hurricane Ian.
Annual US Home Price Gains Lose Steam Again in August, CoreLogic Reports
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for August 2022.
CoreLogic: Slow-Moving Hurricane Ian Threatens More than One Million Homes Along Florida Gulf with Forecasted Storm Surge Heights Up to Ten Feet
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 1,044,412 single-family and multifamily homes along the Florida gulf coast with a reconstruction cost value (RCV) of approximately $258.3 billion are at potential risk of storm surge damage from Hurricane Ian. These figures assume Hurricane Ian makes landfall as a Category 4 hurricane and are based on the September 26, 2022 National Hurricane Center 11 a.m. E.T. forecast.
Mortgage Delinquencies Inch Up From May but Remain Near Record Low in June, CoreLogic Reports
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for June 2022.
CoreLogic: Mortgage Fraud Risk Drops by 7.5% Year Over Year in the Second Quarter of 2022
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its latest Mortgage Fraud Report. The report shows a 7.5% year-over-year decrease in fraud risk at the end of the second quarter of 2022, as measured by the CoreLogic Mortgage Application Fraud Risk Index. The decline in mid-2022 follows a large increase seen in the same period in 2021 and is partially due to the recalibration of CoreLogic’s scoring model in the first quarter of 2022. Since that update, higher risks were recorded during months in the second quarter, particularly for certain types of mortgage fraud.
