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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 Rise; May by 0.8 Percent

Oxford, Miss. (July 21, 2011) – FNC announced Thursday that U.S. home prices continued to show notable upward trends in May, extending April gains for two consecutive months of positive price momentum. Despite record foreclosure activity and rising unemployment rates in recent months, the single-family housing market continues to show signs of price stabilization in line with rising activities in new housing starts and building permits. 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

April Single-Family Home Prices Up 0.5 Percent

Oxford, Miss. (June 22, 2011) – FNC announced Thursday that U.S. home prices continue to show notable improvement in April. Despite broad economic and job market weakness, home prices have increased for the first time since the withdrawal of the homebuyer tax credits a year ago. Based on the latest data on non-distressed home sales (existing and new homes), FNC’s Residential Price Index™ [1] (RPI) indicated that single-family home prices in April were up from March at a seasonally unadjusted rate of 0.5%. Despite downward price pressure from high volumes of foreclosure sales, home prices

FNC® Co-Founder to Address U.S. Real Estate Journalists

Oxford, Miss. (June 6, 2011) – At the annual National Association of Real Estate Editors Conference (NAREE)  in San Antonio, Texas, next week, FNC’s Chief Data and Analytics Officer Bob Dorsey will discuss why the mortgage technology company’s new FNC Residential Price Index™ (RPI)  is more accurate than other home price indexes. An FNC co-founder and inventor of compliance and workflow technology used by major U.S. lenders, Dr. Dorsey  has been invited to speak at the NAREE conference

FNC Index Indicates Improving Trends in Underlying Home Value

Oxford, Miss. (May 18, 2011) – Contrary to recent reports of deep home price declines, FNC announced Wednesday that U.S. home prices in March continue to show signs of stabilization following rather mild declines in February, making March the second consecutive month with better-than-expected price momentum.  Based on the latest data on non-distressed home sales (existing and new homes), FNC’s Residential Price Index ™ (RPI) indicated that single-family home prices in March trended slightly upward since February at a seasonally unadjusted rate of 0.1%, consistent

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