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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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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

Home Prices Decrease 0.4% in September

Oxford, Miss. (Nov. 28, 2011) – With continued record foreclosure sales amid a weak economy and tight underwriting standards that continue to constrain housing demand, home prices are expected to remain weak despite low interest rates and renewed government efforts to keep people in their homes. FNC’s latest Residential Price Index™ (RPI), released Monday, indicates U.S. home prices decreased as expected in September, consistent with weak housing activities reported for the month. The trend marks the second month of price declines after a relatively robust summer home-buying season.

Home Prices End Recent Seasonal Rebound with 0.8% Decline in August

Oxford, Miss. (October 20, 2011) – FNC’s latest Residential Price Index, released Thursday, indicates U.S. home prices declined in August despite strong existing home sales during the month. This decline reverses a modest fourth-month long seasonal uptrend. Amid weak economic fundamentals, home prices -- as well as a number of key leading housing indicators including new housing starts and building permits -- signal a likely scenario of continued housing weakness in the months ahead. Based on the latest data on non-distressed home sales (existing and new homes), FNC’s Residential Price

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