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Author Archives: FNC
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.
To access the PowerPoint, Q&A, and audio files from FNC’s Nov. 19 webinar on regulatory changes, click here.
This webinar addressed higher-priced mortgage loans and the new appraisal requirements; new requirements around delivering copies of appraisals and other valuations to borrowers; and ongoing changes to the GSEs’ UCDP portal… Continue reading
Oxford, Miss. (Sept. 12, 2013) – With foreclosure sales in rapid decline nationwide and in high demand in many fast-rising markets, a report released this week by mortgage technology company FNC indicates that housing demand by trade-up buyers is rising as the home equity available to these prospective buyers is improving.
VIDEO: FNC’s Bill Rayburn and Bob Dorsey discuss how a Cyprus bailout would affect the United States
[This video was recorded March 25 as part of FNC's Morning View series. Visit fncmorningview.com for call-in info and access to previous episodes.]
Bob Dorsey: There are a lot of restrictions on money transfer from one country to another. Increasingly, starting in the ‘50s, there were reductions in the constraints on that, so there was money transfer going more and more between countries. What’s happened is… Continue reading
Though home foreclosures continue to be a challenge in many hard-hit markets, a report released this week by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul.
According to FNC’s Foreclosure Market Report, foreclosure prices have bottomed out in recent months and the foreclosure market has stabilized while underlying home values are rising… Continue reading
Demand for new mortgages is finally revving up—among big spenders, anyway.
Home sales using a jumbo mortgage had year-over-year growth of 7.9% through September, compared with 2.7% for nonjumbo sales, according to an analysis for The Wall Street Journal by mortgage-technology company FNC.
It’s the latest sign that jumbo loans, defined as $417,000 and up in most places ($625,500 and up in high-cost areas), are boosting sales of… Continue reading
From FNC’s Chief Data & Analytics Officer, Bob Dorsey:
I read a book this weekend I highly recommend: The Signal and the Noise. You can’t get a better topic: statistics and probability. The author, Nate Silver, runs the FiveThirtyEight blog and does analysis of all the political polling. It’s been very accurate historically. Silver talked a lot about financial markets in the book… Continue reading
What do FNC’s Collateral Management System® and our ports do for lenders? FNC cofounders Bill Rayburn and Bob Dorsey discuss.
Today’s guest post comes from Robert Katula, who blogs at Under the Blue Tarp.
The Federal Reserve must be sick and tired of the housing crisis. Chairman Ben Bernanke made it perfectly clear during yesterday’s press conference that housing is THE headwind slowing down the economy. Little does the Federal Reserve know that the Scales of Justice, as a metaphor, is one of the main reasons behind… Continue reading