Author Archives: Nora Brown

VIDEO: The Great Unwind

In today’s episode of FNC Morning View, hosts Bill Rayburn and Bob Dorsey discussed some issues involved with winding down the GSEs and starting a private secondary mortgage market. They talked about some of the things that must be brought to the marketplace to attract private capital: Bill said transparency at the loan level; quantification of bondholders’ risks; process standardization and third-party independence are necessary. Bob added that well-defined… Continue reading

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A Discussion: The Relationship Between Unemployment and Homeownership

In today’s episode of FNC Morning View, Bill Rayburn and Bob Dorsey discuss an article in the New York Times by David Blanchflower and Andrew Oswald, “Challenge to Dogma on Owning a Home.” That article can be viewed here.

Rayburn: Today we’re discussing the whole relationship between unemployment and owning a home, which, on its face, runs totally opposed to the whole U.S. mindset of the American Dream… Continue reading

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FNC Named Among World’s Top 100 Financial Tech Companies

FNC was recognized Wednesday as one of the world’s top 100 financial tech companies, receiving a spot in the FinTech 100 (an annual list of top technology providers, sponsored by American Banker and Bank Technology News).

FNC CEO Bill Rayburn says “it’s a great honor for us to be recognized among the fastest growing financial technology companies in the world. This award is a tribute to our… Continue reading

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Happy Fiscal New Year: An origination-foreclosure-forgiveness-money-back potpourri

Happy Fiscal New Year.

Last week it was announced that new home sales are up, at a seasonally adjusted annual rate of 373,000. From the bottom, that number is up nicely. But from the top, it’s way down. (Source: Calculated Risk)

As there were 141,000 new homes for sale last month, FNC’s Bob Dorsey says it should take four-and-a-half months until that inventory is clear.

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Video: Bill Rayburn and Bob Dorsey discuss the Appraisal Score patent

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A letter to our clients about FNC’s Appraisal Score™ patent.

Dear Valued Clients,

We at FNC are excited to announce that our Appraisal Score™ analytic solution has received a U.S. patent (U.S. Pat. No. 8,244,563), making it the nation’s first patented appraisal review tool.

America’s major loan originators, servicers, credit unions, appraisal management companies, and investors who use FNC’s Collateral Management System® (CMS®) rely on Appraisal Score to discern compliance, risk, and fraud issues in residential property… Continue reading

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Important announcement regarding FNC’s Appraisal Score solution

Tune in to FNC Morning View on 9/17 for an important announcement regarding FNC’s Appraisal Score solution.

Join us on Sept. 17 for the next FNC Morning View. In this unscripted, conference-call talk show, mortgage industry experts Bill Rayburn and Bob Dorsey jump start your work week with an intense recap and forecast of the housing market in real time.

Access information: (800) 428-6108; Access Code… Continue reading

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Tune In: FNC Posts Live Stream of Rayburn, Dorsey Presentations at AEI Conference

FNC co-founders Bill Rayburn, CEO, and Bob Dorsey, EVP of Data & Analytics, are featured speakers at the American Enterprise Institute’s annual conference, happening now in Washington, D.C.

Dr. Dorsey shares his expertise as part of a panel presentation, “The Historical Perspective — Booms, Bubbles and Busts,” beginning at 8:30 a.m. EST on Wednesday, Aug. 8. Likewise, Dr. Rayburn delivers his insights as part of a Collateral… Continue reading

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The NASCAR No. 39 Quicken Loans Chevrolet Impala has Left-Turned it out of Oxford…

The NASCAR No. 39 Quicken Loans Chevrolet Impala has left-turned it out of Oxford, but we’ll always have these photos.

More race-day memories can be viewed on FNC’s Facebook page.

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Oh, My Lanta! Georgia’s capital is the worst city for existing homeowners.

With apologies to the old ABC series Full House, I must say: “Oh, My Lanta!” According to the latest data from the FNC Residential Price Index®, Atlanta, Georgia is the worst city for existing homeowners. Home values in the ATL dropped 10.7% from a year ago.

Rounding out the top 5 worst cities for current homeowners (based on the latest RPI data from February):

2… Continue reading

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