CoreLogic

Wells Fargo Selects CoreLogic for Residential Tax Outsourcing Solution

Retrieved on: 
Tuesday, November 14, 2023

This includes the ability for Wells Fargo to oversee tax customer service via the CoreLogic Digital Tax Portal .

Key Points: 
  • This includes the ability for Wells Fargo to oversee tax customer service via the CoreLogic Digital Tax Portal .
  • Jay Kingsley, President of CoreLogic Mortgage Solutions, stated, "The alliance between Wells Fargo and CoreLogic represents a union of industry experts, a strategic move for Wells Fargo, and recognition of CoreLogic's leadership in residential tax services.
  • Wells Fargo believes CoreLogic is the tax services partner that best matches our core values and objectives."
  • This enables a smooth transition of the real estate tax functions to CoreLogic while ensuring that the pertinent Wells Fargo employees have ongoing employment opportunities.

CoreLogic: Low Inventory, High Mortgage Rates Dampen September Southern California Home Sales

Retrieved on: 
Friday, November 10, 2023

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for September 2023.

Key Points: 
  • CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for September 2023.
  • Orange County posted both Southern California’s highest home sales price ($1,050,000) and annual growth rate (9.9%).
  • The overall Southern California region saw a -22.5% home sales volume decline on an annual basis in September.
  • “Meanwhile, higher mortgage rates are impacting the housing market in the Inland Empire, where Southern California homebuyers often migrate in search of better affordability.

Real Estate Industry Veteran Celeste Starchild Promoted to President of InspectionGo

Retrieved on: 
Tuesday, December 5, 2023

TYRONE, Pa., Dec. 5, 2023 /PRNewswire/ -- InspectionGo (iGo) today announced that Celeste Starchild has been promoted to President, a newly created role. In addition to maintaining her role as COO, Starchild will be responsible for overseeing iGo's day-to-day operations with a focus on accelerating the company's vision to empower independent home inspectors to unlock the full value of inspections for homeowners and real estate investors.

Key Points: 
  • TYRONE, Pa., Dec. 5, 2023 /PRNewswire/ -- InspectionGo (iGo) today announced that Celeste Starchild has been promoted to President, a newly created role.
  • Starchild's promotion is the next step in iGo's evolution to support the recent growth and rapid expansion of the company.
  • Prior to joining iGo, Starchild held a number of positions of increasing responsibility at Move, Inc., the operator of Realtor.com.
  • A recognized leader in the real estate industry, she was recognized as a Woman of Influence by HousingWire in 2019 and she received the Inman Innovator Award in 2015.

Fannie Mae Announces Leadership Changes

Retrieved on: 
Tuesday, November 14, 2023

WASHINGTON, Nov. 14, 2023 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced a series of leadership changes following decisions by two veteran executives that they will soon retire from the company.

Key Points: 
  • WASHINGTON, Nov. 14, 2023 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced a series of leadership changes following decisions by two veteran executives that they will soon retire from the company.
  • In addition, Chief Administrative Officer Jeffery Hayward announced his intention to retire as of December 31, 2023, after 36 years with Fannie Mae during which he also led the company's Multifamily business and its National Servicing Organization.
  • "We're deeply grateful to both Dave and Jeff for their leadership and decades of service," said Michael Heid, Chair of Fannie Mae's Board of Directors.
  • "Fannie Mae is well prepared for these transitions thanks to thoughtful succession planning and the strong leadership corps that Dave, Jeff, and others have helped develop through the years.

CoreLogic: US Annual Home Price Growth Speeds Up in September, Reflecting Early 2023 Gains

Retrieved on: 
Tuesday, November 7, 2023

The Northeast continued to post the strongest appreciation, with Maine seeing a 10.1% annual increase, the first double-digit HPI gain recorded in any state since early 2023.

Key Points: 
  • The Northeast continued to post the strongest appreciation, with Maine seeing a 10.1% annual increase, the first double-digit HPI gain recorded in any state since early 2023.
  • Despite mortgage rates that are approaching 8%, inventory constraints and a healthy U.S. job market should help keep price growth moderate but steady over the next year.
  • CoreLogic’s forecast shows annual U.S. home price gains relaxing to 2.6% in September 2024.
  • The next CoreLogic HPI press release, featuring October 2023 data, will be issued on December 5, 2023, at 8 a.m. EST.

CoreLogic Introduces Enhanced AutomatIQ Borrower VOE/I

Retrieved on: 
Thursday, November 2, 2023

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*.

Key Points: 
  • 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*.
  • Borrower Assisted Payroll: The consumer can input their payroll credentials on a vendor website allowing the vendor to quickly verify employment or income.
  • “By collaborating with CoreLogic to bring Experian Verify into AutomatIQ Borrower Verification, we can help streamline experiences for consumers while ensuring lenders can make data-driven decisions with confidence,” said John Tsefrikas, Senior Vice President and General Manager Experian Verification Solutions.
  • “With accessibility to multiple leading verification options and customization to select their order, the enhanced VOE/I solutions enable lenders to verify their way and make informed decisions.”
    To learn more about AutomatIQ Borrower VOE/I, visit the CoreLogic website .

ACI Worldwide Appoints Abe Kuruvilla as Chief Technology Officer

Retrieved on: 
Monday, October 30, 2023

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments solutions , today announced the appointment of Abe Kuruvilla as chief technology officer.

Key Points: 
  • ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments solutions , today announced the appointment of Abe Kuruvilla as chief technology officer.
  • In this role, Kuruvilla will lead ACI’s innovation agenda, optimizing the way the company develops and delivers its industry-leading software solutions globally to banks, merchants and billers.
  • “Abe’s vision and established track record in spearheading transformational technology initiatives will be invaluable as we focus on these key technology priorities.”
    Kuruvilla has more than 20 years of experience leading global technology organizations and most recently served as chief information officer at CoreLogic, Inc., a U.S.-based real estate data analytics and technology solutions company.
  • “I am thrilled to join ACI Worldwide, a company that offers cutting-edge technology and software solutions and sits at the center of the global payments ecosystem,” said Kuruvilla.

Harbr Announces Expansion into Data Sharing Market with Release of Harbr 5.0

Retrieved on: 
Monday, October 30, 2023

This release adds advanced data sharing features that extend Harbr's platform beyond data commerce.

Key Points: 
  • This release adds advanced data sharing features that extend Harbr's platform beyond data commerce.
  • Harbr 5.0 empowers Chief Data Officers (CDOs) and their teams to share and use data while retaining governance and control.
  • Harbr empowers users with complete flexibility around format, location, and method of data delivery, overcoming the constraints that typically obstruct data initiatives.
  • "Harbr 5.0 represents a major leap forward for data sharing," said Leo Spiegel, CEO of Harbr.

Harbr Announces Expansion into Data Sharing Market with Release of Harbr 5.0

Retrieved on: 
Monday, October 30, 2023

This release adds advanced data sharing features that extend Harbr's platform beyond data commerce.

Key Points: 
  • This release adds advanced data sharing features that extend Harbr's platform beyond data commerce.
  • Harbr 5.0 empowers Chief Data Officers (CDOs) and their teams to share and use data while retaining governance and control.
  • Harbr empowers users with complete flexibility around format, location, and method of data delivery, overcoming the constraints that typically obstruct data initiatives.
  • "Harbr 5.0 represents a major leap forward for data sharing," said Leo Spiegel, CEO of Harbr.

US Serious Mortgage Delinquency Rate Drops to All-Time Low in August, CoreLogic Reports

Retrieved on: 
Thursday, October 26, 2023

To gain a complete view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency.

Key Points: 
  • To gain a complete view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency.
  • Serious Delinquency (90 days or more past due, including loans in foreclosure): 0.9%, down from 1.2% in August 2022 and a high of 4.3% in August 2020.
  • Foreclosure Inventory Rate (the share of mortgages in some stage of the foreclosure process): 0.3%, unchanged from August 2022.
  • Transition Rate (the share of mortgages that transitioned from current to 30 days past due): 0.6%, unchanged from August 2022.