#corelogic

Home Equity Surge: An Opportunity for Homeowners American homeowners have seen a remarkable increase in their home equity, accumulating hundreds of thousands of dollars that they are increasingly leveraging, even amidst the backdrop of high interest rates. Home equity, which is calculated as the difference between the current market value of a home and the outstanding balance on the mortgage, has…

An increasing number of Australians are selling homes they have owned for fewer than two years, many at a loss, and analysts warn it may be an early sign of mortgage distress. Key points: CoreLogic says there has been an “unusual” increase in the proportion of people selling their home after a short period The proportion of loss-making resales that were held for less than two years has trebled…

CoreLogic, the real estate data and software provider, has acquired point-of-sale platform Roostify, an addition that will give it capabilities to directly assist lenders at the beginning of a digital loan process.       The move allows the Irvine, California-based CoreLogic to share business intelligence with mortgage companies in the first stages of borrowing, thereby ideally helping them…