- FNC Report: Larger Homes Show Faster Appreciation than Smaller Homes Over the Past Decade
- FNC Webinar: Update on Regulations and Guidance Concerning Collateral Valuations
- FNC Index: Home Prices Nationwide Up 0.8%; San Francisco Market Declines for First Time Since 2012 Recovery
- Unraveling Fannie Mae Guidelines
- FNC Index: Home Prices Up 2.3% in the Second Quarter
TagsApple appraisal Appraisal Institute Bank of America Bill Rayburn Bob Dorsey BP CMS Dodd-Frank economy Facebook Fannie Mae Federal Reserve Florida FNC FNC Morning View FNC Residential Price Index FNC RPI foreclosure Freddie Mac GAAR Google GSEs Gulf Coast home prices housing housing market housing prices housing recovery HVCC mortgage National Association of Realtors National Collateral Database oil crisis Residential Price Index RPI smartphone social media social networking technology Tech Thursday Twitter U.S. housing market webinar Weekly wrapup
Author Archives: FNC
The “Examining Residential Home Sales” report provides a detailed look into the characteristics of existing single-family homes that are bought and sold in the marketplace. Inside the report, compiled from FNC’s National Collateral Database™ – one of the most comprehensive and current repositories of property transactions and appraisal information – the characteristics of residential home sales such as property age, living area size, ownership duration, loan origination vintage, and home… Continue reading
On Nov. 18, FNC’s Managing Director of Consulting and Product Management Shawn Telford and General Counsel Neil Olson presented a regulatory and compliance update webinar. They discussed the most critical aspects of the following key issues:
- The Fannie Mae Collateral Underwriter (CU) Project
- What are FNC’s solutions for Fannie Mae?
- Proposed Changes to the Uniform Standards of Professional Appraisal Practice (USPAP)
- Definition of a report; report drafts and
FNC Index: Home Prices Nationwide Up 0.8%; San Francisco Market Declines for First Time Since 2012 Recovery
Below is this month’s update to the FNC Residential Price Index (http://www.fncrpi.com/) written by Yanling Mayer, a senior research economist at FNC. No drastic changes to report in the market this month. Prices are continuing their general upward trend in most areas, just at a slower pace. San Francisco fell off a bit, but that won’t make much of a dent with the already incredibly high prices in that city… Continue reading
Despite continued signs of moderation in home price appreciation, the latest FNC Residential Price Index™ (RPI) shows that U.S. home prices were up another 0.8% from May to June and 2.3% throughout the second quarter. Constructed to gauge the price movement among normal home sales by excluding distressed properties, the index’s year-over-year growth continues to decelerate as widely expected: down to 8.0% from its fastest acceleration of 9.4% in February… Continue reading
The following is a discussion between Shawn Telford, Managing Director, and Neil Olson, General Counsel, as part of FNC’s July 9 webinar on Regulatory & Compliance Updates.
Neil Olson: Regulations are still in motion, even though it’s summer.
Oxford, Miss. (March 26, 2014) – Home prices in the Jacksonville, FL, metropolitan statistical area increased in January by 0.74% as indicated by the FNC Residential Price IndexTM (RPI), marking the 13th consecutive month of appreciation for this market. Also, the Jacksonville market increased 8.01% from January 2013, marking the 20th consecutive month of year-over-year gains. Despite recent growth, this market is still 15.85% below its January 2009 value. Furthermore… Continue reading
Home prices in the Pittsburgh, PA, metropolitan statistical area decreased by 0.71% for the month of January as indicated by the FNC Residential Price Index (RPI). The decline marks the fourth consecutive month of depreciation for this market. In addition, sales activity for Pittsburgh was mixed. While single-family home sales have increased by 1.24% from January 2013, the percentage of single-family home sales that were distressed reached 10.74%, an… Continue reading
Home prices in the Birmingham-Hoover, AL, metropolitan statistical area decreased by 0.32% for the month of December as indicated by the FNC Residential Price Index™ (RPI). The slide in prices marks the fourth consecutive month of depreciation for this market. Furthermore, the percentage of home sales that were distressed reached 19.54% — a 1.4% gain over November’s figure of 19.27% and a 39.47% increase over September’s figure of 14.01%… Continue reading
FNC Collateral Management Systems® will be updated on Saturday, Jan. 11, during which time admin-level users may notice a brief period of system inaccessibility. The following enhancements and changes will not impact the current system (unless noted) until they are activated by the user.
At mortgage technology company FNC Inc., conference room conversations lead to knowledge and knowledge to solutions. Now, FNC is taking the conference room online and inviting readers of its new blog to join the conversation.