News for CoreLogic, Inc. (CLGX)

It turns out that the stocks offering the best returns for investors historically experienced incredibly painful max drawdowns (i.e. percentage declines from a price peak to a trough).

Many homes that burned in the Eaton Fire lay outside the boundaries of state- or local-designated "very high" fire hazard severity zones, Bloomberg Green found after analyzing inspection reports by the California Department of Forestry and Fire Protection.

In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the danger that wildfire poses to

As rumors of the demise of HMDA reporting swirl, as well as a 50 percent reduction in HUD headcount and actual VA cuts, think about this the next time you go into a grocery store: It’s not like lending is like buying organic meat or produce. More than in most retail transactions, the organic consumer is buying both a thing and an assurance about a thing, and stores shouldn’t misrepresent something. The consumer may be ill-prepared to deal with that. I mention this because a certain segment of the population would prefer that the CFPB vanish. (Elon Musk has his own “connection” with the CFPB: it has a database containing hundreds of complaints about his car company, Tesla, and it regulates digital payment platforms, something Musk is developing at X.) Others are quick to say, “Better the devil you know than the devil you don’t” and remind us that plenty of states will step in. For example, in California, thank you to Scott S. who reminds me that misrepresenting occupancy can be a felony! California’s AB 3108 makes it felony mortgage fraud for a “mortgage broker or person who originates a loan” to intentionally “instruct or otherwise deliberately cause a borrower to sign documents reflecting the terms of a business, commercial, or agricultural loan, with knowledge that the borrower intends to use the loan proceeds primarily for personal, family, or household use” or “instruct or otherwise deliberately causes a borrower to sign documents reflecting the terms of a bridge loan, with knowledge that the loan proceeds will be not used to acquire or construct a new dwelling.” (Today’s podcast can be found here and this week’s is sponsored by CoreLogic. Originators who leverage their Marketing Solutions as part of their customer retention practices have seen their pipelines increase by up to 4 times when compared to traditional lead generation methods. Hear an interview with Verisk’s Kingsley Greenland on how the Los Angeles fires and flooding in North Carolina are altering catastrophe models used for insurance pricing.)

Here in Las Vegas, I asked a German girl if Germans are afraid of numbers. She said 9. Numbers are interesting, as we will find out with the declared Trump tariffs on Canada and Mexico. Do you know the difference between an American roulette wheel and a European wheel? The American version has “00.” Fans of Lucifer and numerology know that, for both, the numbers add up to 666. Like other disasters in Lahaina or the Carolinas, builders have some interesting numerical perspectives on how the “Black Swan event” of the LA County fires will impact housing stock, the permit process, and the ability to rebuild. Three thousand miles away, in Maryland, due to state government lenders are pulling out and local banks no longer lending, the latest example being PHH Correspondent: “PHH will no longer accept new locks for our Non-Agency products in the state of Maryland.” More below on yet another example of how entwined government is with lending, and how the stroke of a pen can negatively impact borrowers, lenders, and vendors. (Today’s podcast can be found here and this week’s is sponsored by Figure. 50 percent of the top IMB’s use them, and if you haven’t examined your HELOC & HELOAN strategy recently, it’s time to get on it. Hear an interview with CloudVirga’s Jessica Evett on consumers’ level of satisfaction with the mortgage process and their expectation of technology and AI throughout the process.) Broker and Banker Products, Software, and Services

Guidewire (NYSE: GWRE) has achieved a significant milestone in the race to meet the rapidly evolving needs of P&C insurers worldwide, now hosting more than 110

Australian housing prices have decreased for the first time in 22 months, as high prices push buyers out of the market and property supply increases. According

S&P CORELOGIC CASE-SHILLER INDEX RECORDS 3.6% ANNUAL GAIN IN OCTOBER 2024

Tight supply and lower interest rates to lift Australia home prices: Reuters poll

On Wednesday, November 27, 2024, Wall Street experienced a pullback after several sessions of gains, with major indexes retreating from recent record highs.

U.S. housing affordability to worsen even as price rises slow: Reuters poll

INVESTORS in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton looks set to trigger payment clauses on a scale not seen in years. Two weeks after Helene unleashed severe floods in more than a dozen states, Florida is bracing itself…

Investors in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton looks set

U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.2% on Tuesday. The Dow traded up 0.01% to 41,242.33 while the NASDAQ rose...

U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling around 0.2% on Tuesday. The Dow traded down 0.16% to 41,175.13 while t...

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.16...

The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows.

Powell is a dove. That was likely settled for good Wednesday. There was justification for market expectations of a more hawkish FOMC and Chair. Inflation has been sticky, and the current trajectory unclear. It’s a leap of faith today to believe inflation is moving to the Fed’s 2% target.

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Tuesday. The Dow traded up 0.34% to 37,511.87 while the NASDAQ rose 0.43% to 15,057.13. The S&P 500 also rose, gaining, 0.34% to 4,770.79.