Monthly Archives: February 2012

Q&A: FNC CEO Bill Rayburn on Organic Revenue Growth, Omelets

Bill Rayburn is co-founder, CEO, and chairman of the board of FNC Inc., a Mississippi-grown mortgage technology company that delivered its first solution in early 1999. Rayburn initially tackled the responsibility of raising funds and establishing the banking relationships necessary to ensure FNC’s success. In recent years, his focus has shifted to leading the company’s organic revenue growth through strategic planning and the introduction of new solutions to the… Continue reading

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FNC RPI: December Residential Property Values Decline 0.7%

FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. residential property values declined in December amid signs of continued improvement in the job market and economic growth. With sales of distressed properties comprising a large portion of overall home sales, prices on non-distressed sales continued to reflect the downward pressure distressed sales have on underlying property values. December marks the fifth consecutive month-to-month declines and sends home… Continue reading

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FNC Morning View on Presidents Day: 2/20/12

On Presidents Day, Americans remember the men who led our country. Two of the men who lead FNC, Bill Rayburn and Bob Dorsey, will begin Presidents Day with FNC Morning View, an unscripted conversation about the latest in housing headlines and industry trends. Join them Monday!

FNC Morning View with Bill and Bob
Monday, Feb. 20, 7:30 a.m. CST
Access information: 1-800-428-6108
Access code: 750534#

As co-founder, chairman… Continue reading

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Guest Post: Breaking the Cycle of Endless Refinancing, Part II

Today’s guest post comes from Robert Katula, who blogs about mortgage banking and other topics at Under The Blue Tarp. Part I of this series can be viewed here.

Refinancing After Five Years

Here is one scenario to consider. A couple purchases a home for $240,000 in January 2006. A down payment of $40,000 leaves a balance of $200,000 for the mortgage. The initial interest rate… Continue reading

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Guest Post: Breaking the Cycle of Endless Refinancing, Part I

Today’s guest post comes from Robert Katula, who blogs about mortgage banking and other topics at Under The Blue Tarp.

The Mortgage Bankers Association reported that refinance applications are up 9.4% over the previous week. Many analysts feel this is a good sign for the housing market. My views are exactly the opposite. Homeowners chasing interest rates is continuing one trend that helped get us in this mess… Continue reading

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