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“Our analytics deliver comprehensive details about the residential collateral that backs the loans our clients originate and service. Thanks to our partnership with BuildFax, we can now offer our clients even more property information they can use to verify details about the residential property.”
Mike Loscavio, FNC Director of Strategic Alliances
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February Residential Property Values Down 0.8%

FNC’s latest Residential Price Index™ indicates that U.S. property values continue to weakenFNC’s latest Residential Price Index™ (RPI), released Friday, indicates that U.S. residential property values continued to show signs of persistent weakening - ending in February with a seventh consecutive month-to-month decline. Despite sharply rising activities in existing home sales and new housing starts from a year ago, prices on non-distressed home sales (excluding foreclosure auction sales, REO sales, and short sales) continue to slide, down 0.8% from February or 3.0% from a year ago. In this

FNC RPI: December Residential Property Values Decline 0.7%

Oxford, Miss. (Feb. 22, 2012) – FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. residential property values declined in December amid signs of continued improvement in the job market and economic growth. With sales of distressed properties comprising a large portion of overall home sales, prices on non-distressed sales continued to reflect the downward pressure distressed sales have on underlying property values. December marks the fifth consecutive month-to-month declines and sends home prices down 3.5% from a year ago. Challenges underlying the

Home Prices Continue to Weaken: Down 0.6% in October

Almost without exception, individual markets tracked by the FNC 30-MSA composite index declined in October.FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that October U.S. home prices continued to weaken at a modest pace despite recent positive home-sales data. The trend is a reminder that the housing market remains constrained by weak economic fundamentals and the overhang of distressed properties. October marks the third month of continued price declines and is unfortunately accompanied by a moderate downward index revision to the previous month. Based on

June Home Prices Up for Third Straight Month

Oxford, Miss. (Aug. 25, 2011) – FNC announced Thursday that U.S. home prices rose for the third consecutive month, ending in June with the largest seasonal gain year to date. With very little data supporting a sustainable housing recovery, recent encouraging uptrends are likely driven by seasonal upswings in home-buying activities, rather than a reflection of more fundamental improvement in underlying housing conditions. Based on the latest data on non-distressed home sales (existing and new homes), FNC’s Residential Price Index™ [1] (RPI) indicates that single-family home prices were up

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