CoreLogic

Jack Henry & Associates Establishes Endowed Scholarship Fund in Memory of Board Member Laura Kelly

Retrieved on: 
Thursday, April 4, 2024

MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.

Key Points: 
  • MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.
  • Jack Henry will create an endowment of the existing Kelly Academic Excellence Scholarship at Samford University's Brock School of Business, which was established by Kelly and her husband, John Kelly, in 2016.
  • "Laura served as a dedicated member of our company's Board for more than 10 years and will be greatly missed," said Jack Henry Board Chair and CEO David Foss.
  • A member of the Jack Henry Board since 2013, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.

Jack Henry & Associates Mourns the Passing of Board Member Laura Kelly

Retrieved on: 
Friday, March 22, 2024

MONETT, Mo., March 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today with great sadness the passing of Laura Kelly, who has served on the Jack Henry Board of Directors since 2013.

Key Points: 
  • MONETT, Mo., March 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today with great sadness the passing of Laura Kelly, who has served on the Jack Henry Board of Directors since 2013.
  • "Laura was not only a dedicated member of our Board but also a cherished colleague and friend," said Jack Henry Board Chair and CEO David Foss.
  • As a member of the Jack Henry Board, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.
  • With over 30 years in senior leadership roles, Kelly has been instrumental in providing expert guidance and perspective to the company.

Miami-Dade Total Home Sales Rise for Second Consecutive Month

Retrieved on: 
Thursday, March 21, 2024

MIAMI, March 21, 2024 /PRNewswire-PRWeb/ -- Miami-Dade County total home sales rose year-over-year for the second consecutive month as new data shows South Florida leading the U.S. in price appreciation and international migration, according to February 2024 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Key Points: 
  • Miami Distressed Sales Remain Low, Reflecting Healthy Market
    Only 0.9% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than 0.8% in February 2023.
  • Short sales and REOs accounted for 0.06% and 0.9% year-over-year, respectively, of total Miami sales in February 2024.
  • Nationally, distressed sales represented 3% of sales in February, virtually unchanged from last month and the prior year.
  • Cash sales represented 43.3% of Miami closed sales in February 2024, compared to 43% in February 2023.

Equity Angels Partners with Blueprint to Spotlight Emerging Startups at Global Industry Gathering

Retrieved on: 
Monday, March 18, 2024

BELLEVUE, Wash., March 18, 2024 /PRNewswire/ -- Equity Angels — a social impact organization dedicated to advancing diversity for success in technology startups — announces a strategic alliance with Blueprint, the real estate industry's largest global gathering of industry innovators and investors, leading the charge in changing the built world, from construction to transaction.

Key Points: 
  • BELLEVUE, Wash., March 18, 2024 /PRNewswire/ -- Equity Angels — a social impact organization dedicated to advancing diversity for success in technology startups — announces a strategic alliance with Blueprint , the real estate industry's largest global gathering of industry innovators and investors, leading the charge in changing the built world, from construction to transaction.
  • "Blueprint is all about new ideas, innovation and connections, which is why we are thrilled to welcome the emerging startups coming through the Equity Angels program," stated Martin Kelly, President of Blueprint. "
  • Thousands of investors, founders and executives gather at Blueprint Vegas and the attendance has increased exponentially within just three years, demonstrating the growth of this sector.
  • "Our goal is to help startup founders be at the right place and right time, with the right people.

LandGate Announces Strategic Alliance with CoreLogic to Enhance Real Estate and Energy Analytics

Retrieved on: 
Monday, March 11, 2024

This alliance leverages the collective expertise of both companies, culminating in a powerful union of real estate and energy.

Key Points: 
  • This alliance leverages the collective expertise of both companies, culminating in a powerful union of real estate and energy.
  • Together, they aim to provide a comprehensive solution that will benefit various stakeholders in the real estate and energy sectors.
  • "This alliance is testament to what we've been saying for a long time, 'the energy and real estate industries have merged together.'
  • It's a must-have dataset for anyone dealing with real estate or energy assets," says Craig Kaiser, President and Co-Founder of LandGate.

CoreLogic: Number of Underwater US Homes Drops by 15% Annually in the Fourth Quarter

Retrieved on: 
Thursday, March 7, 2024

Three Northeastern states posted the country’s highest annual equity gains in the fourth quarter: Rhode Island ($62,000), New Jersey ($55,000) and Massachusetts ($53,000).

Key Points: 
  • Three Northeastern states posted the country’s highest annual equity gains in the fourth quarter: Rhode Island ($62,000), New Jersey ($55,000) and Massachusetts ($53,000).
  • As of the fourth quarter of 2023, the quarterly and annual changes in negative equity were:
    Quarterly change: From the third quarter of 2023 to the fourth quarter of 2023, the total number of mortgaged homes in negative equity decreased by 1.1%, to 1 million homes or 1.8% of all mortgaged properties.
  • Annual change: From the fourth quarter of 2022 to the fourth quarter of 2023, the total number of homes in negative equity decreased by 15%, from 1.2 million homes or 2.1% of all mortgaged properties.
  • Looking at the fourth quarter of 2023 book of mortgages, if home prices increase by 5%, 114,000 homes would regain equity; if home prices decline by 5%, 162,000 properties would fall underwater.

CoreLogic: Annual US Home Price Growth Moves Up Gradually Again in January

Retrieved on: 
Tuesday, March 5, 2024

Year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.

Key Points: 
  • Year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.
  • Meanwhile, baby boomers who already have significant financial reserves can pay for homes entirely in cash, which further increases challenges for other buyers.
  • annual home price growth strengthened to 5.8% in January 2024,” said Dr. Selma Hepp, chief economist for CoreLogic.
  • CoreLogic’s forecast shows annual U.S. home price gains relaxing to 2.6% in January 2025.

CoreLogic Previews the Evolving Severe Convective Storm Risk Landscape in New Report

Retrieved on: 
Thursday, February 22, 2024

CoreLogic®, a leader in global property information, analytics and data-enabled solutions, released its 2024 Severe Convective Storm Report, detailing how severe thunderstorm risk is growing in the United States and highlighting the historic severe convective storm activity, also known as severe thunderstorm, seen in 2023.

Key Points: 
  • CoreLogic®, a leader in global property information, analytics and data-enabled solutions, released its 2024 Severe Convective Storm Report, detailing how severe thunderstorm risk is growing in the United States and highlighting the historic severe convective storm activity, also known as severe thunderstorm, seen in 2023.
  • There were 141 days with large hail (two inch or greater) in 2023—the highest number of days in 20 years.
  • In the aggregate, severe convective storms generated an unprecedented amount of insured loss on par with a single major hurricane.
  • To illustrate the severity of the storms seen in 2023, the report identifies one specific, highly damaging week of severe thunderstorm activity: June 11 – 16, 2023.

FundingShield Announces Integrated Title Fraud Prevention Services on CoreLogic’s Digital Mortgage Platform

Retrieved on: 
Wednesday, February 21, 2024

FundingShield , a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into a relationship with CoreLogic ®, a leader in global property information, analytics and data-enabled solutions, to provide comprehensive title fraud solutions via a seamless API integration to the CoreLogic Digital Mortgage Platform™.

Key Points: 
  • FundingShield , a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into a relationship with CoreLogic ®, a leader in global property information, analytics and data-enabled solutions, to provide comprehensive title fraud solutions via a seamless API integration to the CoreLogic Digital Mortgage Platform™.
  • View the full release here: https://www.businesswire.com/news/home/20240221046714/en/
    FundingShield Announces Integrated Title Fraud Prevention Services on CoreLogic’s Digital Mortgage Platform (Graphic: Business Wire)
    Wire and title fraud risk reached an all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud ( citation ).
  • With this new integration, CoreLogic Digital Mortgage Platform™ clients can now access FundingShield’s cost-saving and risk-reducing ecosystem of applications to protect against wire fraud and efficiently manage their risk and compliance as part of their existing mortgage closing workflows.
  • “Wire fraud prevention is a growing challenge and rising priority for CoreLogic clients,” said Bob Jennings , Executive, Collateral & Risk Solutions at CoreLogic.

CoreLogic Deepens Capabilities through Strategic Alliance with Google Cloud

Retrieved on: 
Wednesday, February 14, 2024

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.

Key Points: 
  • 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.
  • Since the inception of this relationship, CoreLogic has integrated Google Cloud's forward-looking solutions into all of its crucial property professional workflow solutions.
  • As part of this extended collaboration, CoreLogic is working with Google Cloud to mature its AI capabilities by leveraging Vertex AI, Google Cloud’s enterprise AI platform.
  • Our strategic relationship with Google Cloud has allowed us to further unleash our AI potential, empowering CoreLogic to help our clients make faster, smarter and more people-focused decisions,” said Patrick Dodd, President and CEO of CoreLogic.