CoreLogic

CoreLogic Transforms Decision-Making for Real Estate, Insurance and Mortgage Leaders through New Self-Service Clip Enablement App on Snowflake Marketplace

Retrieved on: 
Tuesday, June 27, 2023

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.

Key Points: 
  • 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.
  • Designed for decision-makers in the real estate, insurance and mortgage industries, the Self-Service Clip App enables speed to insight, which ultimately reduces time, cost and effort from analytics and modeling, transforming the way users interact with property data.
  • “CoreLogic is committed to developing new ways to enable efficient, confident decision-making through property data and analytics.

INFO TRACK PROGRAM DEBUTED AT 35TH ANNUAL LONG ISLAND BOARD OF REALTORS® EDUCATION CONFERENCE AND TRADE SHOW

Retrieved on: 
Tuesday, June 20, 2023

WOODBURY, N.Y., June 20, 2023 /PRNewswire/ -- As part of the 35th Annual Long Island Board of REALTORS® Education Conference and Trade Show, OneKey® MLS – the largest multiple listing service in New York – hosted its first-ever Info Track program, a hub of innovative training sessions and expert insights to help real estate professionals grow their businesses and succeed.

Key Points: 
  • WOODBURY, N.Y., June 20, 2023 /PRNewswire/ -- As part of the 35th Annual Long Island Board of REALTORS® Education Conference and Trade Show, OneKey® MLS – the largest multiple listing service in New York – hosted its first-ever Info Track program, a hub of innovative training sessions and expert insights to help real estate professionals grow their businesses and succeed.
  • "The goal of Info Track is to provide insightful, vetted professional development strategies designed to help industry leaders set and exceed their goals," Miller said.
  • "Info Track cultivates key lessons, strategic tips and a wealth of insider insights to help our industry professionals continue to improve their skills and elevate their businesses."
  • Also featured at Info Track were engaging product demonstrations by CoreLogic, ShowingTime and Down Payment Resource.

Databricks Announces Lakehouse Apps and Expands the Databricks Marketplace with AI Models and New Data Providers

Retrieved on: 
Tuesday, June 20, 2023

SAN FRANCISCO, June 20, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today introduced Lakehouse Apps, a new way for developers to build native, secure applications for Databricks. Lakehouse Apps will enable over 10,000 Databricks customers to unlock the value of their data in the Lakehouse. Customers will have easy access to a wide range of powerful applications that run entirely inside their Lakehouse instance, using their data, with the full security and governance capabilities of Databricks.

Key Points: 
  • Lakehouse Apps will enable over 10,000 Databricks customers to unlock the value of their data in the Lakehouse.
  • The company also introduced new data sharing providers and AI model-sharing capabilities to the Databricks Marketplace — the only marketplace for data, AI, and applications — and announced that Databricks Marketplace will be generally available at the Data + AI Summit .
  • Databricks will also offer AI model sharing in the Databricks Marketplace, enabling data consumers and providers to discover and monetize AI models and integrate AI into all their data solutions.
  • Lakehouse Apps and AI model sharing in Databricks Marketplace are expected in preview in the coming year.

Databricks Announces Lakehouse Apps and Expands the Databricks Marketplace with AI Models and New Data Providers

Retrieved on: 
Tuesday, June 20, 2023

SAN FRANCISCO, June 20, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today introduced Lakehouse Apps, a new way for developers to build native, secure applications for Databricks. Lakehouse Apps will enable over 10,000 Databricks customers to unlock the value of their data in the Lakehouse. Customers will have easy access to a wide range of powerful applications that run entirely inside their Lakehouse instance, using their data, with the full security and governance capabilities of Databricks.

Key Points: 
  • Lakehouse Apps will enable over 10,000 Databricks customers to unlock the value of their data in the Lakehouse.
  • The company also introduced new data sharing providers and AI model-sharing capabilities to the Databricks Marketplace — the only marketplace for data, AI, and applications — and announced that Databricks Marketplace will be generally available at the Data + AI Summit .
  • Databricks will also offer AI model sharing in the Databricks Marketplace, enabling data consumers and providers to discover and monetize AI models and integrate AI into all their data solutions.
  • Lakehouse Apps and AI model sharing in Databricks Marketplace are expected in preview in the coming year.

Select Portfolio Servicing Inc. (SPS) chooses CoreLogic for its Residential Tax Business Solutions

Retrieved on: 
Monday, June 12, 2023

IRVINE, Calif., June 12, 2023 /PRNewswire-PRWeb/ -- CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has secured the tax, flood and portfolio monitoring business from Select Portfolio Servicing Inc. (SPS), a nationally recognized mortgage servicer specializing in the servicing of single-family residential mortgages.

Key Points: 
  • Leading mortgage servicer to leverage CoreLogic's DigitalTax Platform and expansive data assets for outsourced tax servicing, flood and loan monitoring services
    IRVINE, Calif., June 12, 2023 /PRNewswire-PRWeb/ -- CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has secured the tax, flood and portfolio monitoring business from Select Portfolio Servicing Inc. (SPS), a nationally recognized mortgage servicer specializing in the servicing of single-family residential mortgages.
  • CoreLogic's servicing and payment solutions will help streamline critical workflows to support SPS's commitment to their business and their customers.
  • "We are elated to be working with SPS to elevate their customers' experience through our tax, flood and portfolio monitoring solutions.
  • "We were looking for a tech and data-focused company that could elevate our tax and flood capabilities for us and our customers.

CoreLogic: US Home Borrowers See First Annual Home Equity Losses Since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong

Retrieved on: 
Thursday, June 8, 2023

As in the fourth quarter of 2022, Western states posted the largest annual home equity losses: Washington (-$74,300), California (-$59,600) and Utah (-$37,700).

Key Points: 
  • As in the fourth quarter of 2022, Western states posted the largest annual home equity losses: Washington (-$74,300), California (-$59,600) and Utah (-$37,700).
  • The equity losses in those states reflect decelerating home prices, with all three posting annual declines in February and March, according to CoreLogic’s Home Price Index .
  • Despite these declines, home equity remains solid, with the number of underwater properties unchanged since the fourth quarter of 2022.
  • This data is compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources.

CoreLogic: Home Price Growth Continues Annual Single-Digit Slowdown in April

Retrieved on: 
Tuesday, June 6, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230606005391/en/
    Figure 1: HPI & HPI Forecast Percentage Change YOY (Graphic: Business Wire)
    Nationwide, single-family home price growth rose by 2% year over year in April.
  • This marked the 135th consecutive month of annual growth but the sixth straight month of single-digit gains, which have slowed from an all-time high of nearly 20% annual appreciation in the spring of 2022.
  • CoreLogic projects that home price growth will slow a bit more in 2023 before regaining steam to about 5% annual appreciation by April 2024.
  • Among states, Indiana and New Jersey recorded the highest annual home price gains, 7.3% and 7.1%, respectively.

loanDepot Makes Executive Changes and Streamlines Organization

Retrieved on: 
Friday, June 2, 2023

He joins loanDepot from CoreLogic, Inc., where he most recently served as Executive, Finance and Treasurer.

Key Points: 
  • He joins loanDepot from CoreLogic, Inc., where he most recently served as Executive, Finance and Treasurer.
  • loanDepot will also consolidate LDI Digital (including mellohome) into its existing production channels, under the leadership of LDI Mortgage President Jeff Walsh.
  • As a result of this organizational change, LDI Digital President Zeenat Sidi will be transitioning out of the organization.
  • “On behalf of the Board and the executive team, I want to express our gratitude to Pat for his leadership and commitment to loanDepot.

Climate Change-Influenced Hurricane Season Could Threaten an Estimated 33 Million Homes According to CoreLogic

Retrieved on: 
Thursday, June 1, 2023

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.

Key Points: 
  • 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.
  • Approximately 7.8 million homes, with a combined RCV of $2.6 trillion, have direct or indirect coastal exposure, making them susceptible to storm surge flooding.
  • CoreLogic’s 2023 Hurricane Risk Report has also identified major U.S. metros at greater risk for hurricane damage.
  • The 2023 Hurricane Risk Report further illustrates what these risks might look like, using the Houston-Galveston area as an example.

Overall US Mortgage Delinquency Rate Drops to All-Time Low in March, CoreLogic Reports

Retrieved on: 
Thursday, May 25, 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.
  • Transition Rate (the share of mortgages that transitioned from current to 30 days past due): 0.5%, unchanged from March 2022.
  • The overall U.S. mortgage delinquency rate declined to a new low in March, buoyed by an exceptionally strong job market.
  • “The U.S. mortgage delinquency rate fell to a historic low in March, reflecting the lowest U.S. unemployment rate in more than 50 years,” said Molly Boesel, principal economist for CoreLogic.