Author Archives: FNC

VIDEO: FNC’s Bill Rayburn and Bob Dorsey discuss how a Cyprus bailout would affect the United States

Posted on March 26, 2013 by FNC

[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

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FNC Report: Housing Recovery Takes Hold for the Long Haul

Posted on February 18, 2013 by FNC

housing-recovery
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

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Lenders Loosen Up…With Luxury Buyers

Posted on November 26, 2012 by FNC

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

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Election-Day Book Recommendation: The Signal and the Noise

Posted on November 6, 2012 by FNC

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

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Vlog Time: FNC’s Value Proposition

Posted on May 8, 2012 by FNC

What do FNC’s Collateral Management System® and our ports do for lenders? FNC cofounders Bill Rayburn and Bob Dorsey discuss.

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Guest Post: Holy Foreclosure, Batman! (The Dangers of Risk Layering)

Posted on April 26, 2012 by FNC

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

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Gentlemen, start your engines! NASCAR No. 39 Quicken Loans Chevy Impala Rolls Into Oxford

Posted on April 23, 2012 by FNC

NASCAR driver Ryan Newman’s No. 39 Quicken Loans Chevrolet Impala will roll into Oxford on Monday, April 23 as it visits FNC’s national headquarters. The public is invited to attend and take photos with the car and participate in a raffle for racing memorabilia, as well as enter the Quicken Loans “You’re the Boss” sweepstakes (www.qlracing.com) which… Continue reading

Posted in FNC, Fun | Tagged , , | 1 Comment

From the Archives: Not All Price Indexes Are Created Equal

Posted on April 19, 2012 by FNC

After we posted Bill Rayburn and Bob Dorsey’s FNC Morning View episode about home price indexes, a few readers asked for more information on the different home price indexes currently available. Today, we revisit our Collateral Vision archives to bring you a post from August 2011: “Not All Price Indexes Are Created Equal.”

Have more questions about home price indexes? Leave a comment below, and we’ll get… Continue reading

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An index is an index is an index?

Posted on April 13, 2012 by FNC

FNC’s Bill Rayburn and Bob Dorsey will discuss the different types of housing indexes on April 16′s FNC Morning View. (Click here for access information.)

WSJ’s Developments blog summarizes eight common housing indexes here:

  • S&P/Case-Shiller looks at repeat sales in 20 metro areas, using a three-month moving average.
  • The LPS
    • Continue reading
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    FNC RPI: January Residential Property Values Drop 0.6%

    Posted on March 27, 2012 by FNC

    FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. The latest persistent downtrends are driven primarily by conditions in the distressed market, which remains overwhelmed by the disposal of foreclosed and REO properties. Down 0.6% from December, January marks the sixth consecutive month-to-month price decline. Property values nationwide… Continue reading

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