Tag Archives: National Collateral Database

FNC Report: Larger Homes Show Faster Appreciation than Smaller Homes Over the Past Decade

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

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How to Spend Less of your Profit on Collateral Compliance

I have been hearing a great deal of noise lately about the increasing cost of compliance in mortgage lending. There has always been a cost associated with compliance, but the seemingly unprecedented quantity of new regulation coupled with a new regulator has created a new reality. The patterns of the past can’t be used to make sense of the future. Projects with Dodd-Frank in the title abound throughout the lending… Continue reading

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Real Estate Sales Season Arrives Early in Chicago*

Despite the continued weakness in the U.S. housing market as indicated by March numbers from indicators such as NAR’s existing homes sales, Census’s new housing starts and new home sales, signs of a housing pick-up in the Chicago metro area are emerging earlier this year.

Rising Inventory and Owners’ Asking Prices: First, as early as February, Chicago’s single-family home listings were up 8.0% from the previous month, accompanied by… Continue reading

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Is the U.S. housing market on the upswing?

Is the U.S. housing market starting to recover? Let’s check the latest numbers.

The latest homes-for-sale data in FNC’s National Collateral Database™, which represent two-thirds of for-sale home listings nationwide, show a modest uptrend in July. The number of homes for sale rose 6.5% from June, or 30% from a year ago.

In June, total home sales (including new and existing homes) rose more than 13% compared… Continue reading

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Where is 123 Main Street, Unit 1A?

First a little background…

FNC’s data and analytic products are fueled by our National Collateral Database™ (NCD), a robust collection of property information shared with us by our lender clients and appraiser customers. The foundation of the NCD is comprised of addresses of properties nationwide, gathered from the county assessors in almost every U.S. county. FNC products depend on the value of collateral, also known as parcels or properties… Continue reading

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Let’s Hear It For The Team!

Here at FNC, we’ve recently released our new Residential Price Index (RPI) – a free resource available to anyone interested in real estate price trends nationwide. Invented by FNC Co-Founder Dr. Robert Dorsey, the RPI has been in progress for some time within our Collateral Data & Analytics (CDNA) department. Dr. Dorsey and his CDNA team deserve a round of applause for the successful creation and implementation of… Continue reading

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