Category Archives: General

Regulatory Update Webinar Available for Viewing

Our May 6 webinar, “Home Equity Decisioning Solutions and Newly Released Appraisal Management Proposed Regulations,” is now available for viewing. Subject matter expert Shawn Telford and FNC General Counsel Neil Olson provide an overview of current regulatory topics in conjunction with current business trends — changing market conditions, HELOC trending, regulations — and help viewers understand the solutions and guidance available from FNC.

Click here to access audio/video/.pdf… Continue reading

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Latest Home Price Numbers Reveal Increase in Jacksonville Area

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

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Heads up for CMS users: System Update

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.

Click here to sign up for training regarding this update; you will receive an email with information on the next available session along with… Continue reading

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FNC Index: Home Prices Show Fastest Quarterly Growth Since Recovery Began

The latest FNC Residential Price Index™ (RPI) shows strong growth of home prices during the third quarter of 2013 as the housing recovery continues to broaden across the country. The index, constructed to gauge the price movement among the underlying non-distressed home sales, increased 2.5% between the second and third quarters, making the third-quarter growth the fastest in the current recovery.

Rising home sales and relatively low foreclosure… Continue reading

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Appraisal Guidelines from Residential Chief Policy Roundtable

In the August edition of the AppraisalPort newsletter, I reported on some of the general information covered at the National AI Connect Conference in Indianapolis, July 23-25, 2013. This was a great conference, covering a wide range of topics. This month, I want to pass on some information covered in one of the breakout sessions for residential appraisers.

The session was titled, “Residential Chief Policy Roundtable” and included… Continue reading

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FNC Index: Home Prices Up 0.6% in August; Signs of Subsiding Growth Momentum

The latest FNC Residential Price Index™ (RPI) shows continued growth of home prices in August as the U.S. housing recovery remains well underway. The index moved 0.6% higher from the previous the month, making August the 18th consecutive month of rising home prices. According to the FNC RPI, August home prices have climbed to the levels attained in December 2009.

Improving housing market fundamentals, particularly the rapid declines in… Continue reading

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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 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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Final Rules Issued by the Consumer Financial Protection Bureau: Part Two


The second final rule that the CFPB will implement is referred to as “Disclosure and Delivery Requirements for Copies of Appraisals and Other Written Valuations” and amends Regulation B (Equal Credit Opportunity Act). In general, this new rule amends the current Regulation B rules about providing appraisals to applicants/borrowers as required by the Dodd-Frank Act. This revision to Regulation… Continue reading

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Final Rules Issued by the Consumer Financial Protection Bureau: Part One

By now I’m sure you are all familiar with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 — a large sweeping law covering many aspects of consumer lending and finance. Part of this new law mandated the creation of the Consumer Financial Protection Bureau (CFPB). It took some time to get this bureau set up and fully functional, but in January 2012, President Obama appointed Rich Cordray… Continue reading

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Election-Day Book Recommendation: The Signal and the Noise

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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